NEW YORK--(BUSINESS WIRE)--Sep 16, 2020--

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Nano-X Imaging Ltd. (NASDAQ: NNOX) resulting from allegations that Nano-X may have issued materially misleading business information to the investing public.

On September 15, 2020, Citron Research (“Citron”) published the report entitled “Nano-X Imaging (NNOX) A Complete Farce on the Market.” The Citron report described a series of red flags surrounding Nano-X, and concluded that “this $3 billion company is nothing more than a science project with a simple rendering, minimal R&D, fake customers, no FDA approval, and fraudulent claims that are beyond the realm of possibility.” On this news, Nano-X’s stock price fell $11.21 per share, or 22.7%, to close at $38.00 per share on September 15, 2020.

Rosen Law Firm is preparing a securities lawsuit on behalf of Nano-X shareholders. If you purchased securities of Nano-X please visit the firm’s website at http://www.rosenlegal.com/cases-register-1945.html to join the securities action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

CONTACT: Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, P.A.

275 Madison Avenue, 40thFloor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: The Rosen Law Firm, P.A.

Copyright Business Wire 2020.

PUB: 09/16/2020 11:50 AM/DISC: 09/16/2020 11:50 AM

Copyright Business Wire 2020.

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