Pomerantz Appointed Lead Counsel in Nano-X Imaging Securities Litigation

On January 25, 2022, U.S. Magistrate Judge Peggy Kuo of the Eastern District of New York appointed Pomerantz LLP as Lead Counsel on behalf of Davian Holdings Limited, the Lead Plaintiff in McLaughlin v. Nano-X Imaging Ltd., 21-cv-5517 (E.D.N.Y.), a securities action brought on behalf of a class of defrauded investors concerning allegations that Nano-X Imaging Ltd. misrepresented the regulatory and commercial prospects of its Nanox.ARC digital x-ray medical imaging system. Nano-X develops medical imaging technology, including digital x-ray systems, cloud-based image analysis and online diagnosis solutions, and billing services systems.