Nutex Health, Inc. (NASDAQ: NUTX)

This lawsuit is for anyone who acquired securities in Nutex Health, Inc. (NASDAQ: NUTX) from August 8, 2024 through August 14, 2025.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, for the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by telling investors that the Company had increased the amount it collected on out-of-network medical bills but by failing to tell investors that the way in which the Company achieved the increased revenue was through hiring a third party bill collector that the Company knew, or with reasonable diligence should have known, was engaging in billing fraud.

On July 22, 2025, Blue Orca Capital published a report alleging, among other things, that Nutex’s share price has “surged” after it “began submitting the majority of its patient bills to the arbitration process for settling out-of-network medical bills . . . using an unidentified ‘third party IDR vendor.’” The report further states that the “mystery consultant” is HaloHD, which, according to multiple lawsuits, has “engag[ed] in a coordinated fraudulent scheme to steal millions of dollars from insurance companies on behalf of and in conjunction with its healthcare billing clients.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. Then, on August 14, 2025, Nutex announced it would delay filing its quarterly financial statements for the period ending June 30, 2025, “due to additional time needed to analyze classification of certain equity instruments and finalize its financial statements.” On this news, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Nutex Health, Inc. (NASDAQ: NUTX) from August 8, 2024 through August 14, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.