Class Action Filed Against Nutex Health Over Data Breach
NUTX has more than doubled off its 52-week low of $77.21.
Summary
A class action complaint was filed August 27 in U.S. District Court, Houston, against Nutex Health over the August 24 cybersecurity incident. The suit seeks damages, injunctive relief, credit monitoring, identity theft insurance, and attorneys' fees. The company disclosed that patient, employee, provider, business, and financial data were accessed and exfiltrated. Nutex Health states it cannot predict the litigation outcome or estimate the incident's impact at this stage. This follows the 8-K filed August 31 disclosing the lawsuit and the attacker's threats.
At the time of this announcement, NUTX was trading at $188.76 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $77.21 to $204.00. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.