In re Nano-X Securities Litigation
| New York Eastern District Court | |
| Judge: | Rachel P Kovner |
| Referred: | Peggy Kuo |
| Case #: | 1:21-cv-05517 |
| Nature of Suit | 850 Other Statutes - Securities/Commodities/Exchange |
| Cause | 15:78m(a) Securities Exchange Act |
| Case Filed: | Oct 05, 2021 |
| Terminated: | May 10, 2024 |
| Last checked: Sunday Apr 03, 2022 5:15 AM EDT |
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Defendant
Nano-X Imaging Ltd.
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Represented By
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Defendant
Ran Poliakine
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Represented By
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Defendant
Tal Shank
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Represented By
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Movant
Davian Holdings Limited
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Represented By
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Movant
James W. Isenberg
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Represented By
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Movant
Viswanatha K. Reddy
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Represented By
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Plaintiff
Daniel P. McLaughlin
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Represented By
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GPO
Apr 17 2024
REPORT AND RECOMMENDATION: As set forth in the attached Report and Recommendation, I respectfully recommend that the Court enter a final judgment and order granting final approval of the settlement as memorialized in the [67-1] Settlement Agreement, approving the proposed $8 million class-wide settlement, awarding attorneys' fees in the amount of $2,666,666.67 and expenses in the amount of $91,076.19, plus accrued interest, and awarding each Co-Lead Plaintiff $3,000.00 for their service as representatives of the Settlement Class. I further recommend that this action be dismissed with prejudice and that the Court retain jurisdiction over the case until all installments have been paid by Defendants as provided for in the Settlement Agreement.Any written objections to this Report and Recommendation must be filed within 14 days of service of this report. See 28 U.S.C. § 636(b)(1); Fed. R. Civ. P. 72(b). Failure to file objections within the specified time waives the right to appeal any order or judgment entered based on this Report and Recommendation. Caidor v. Onondaga Cty., 517 F.3d 601, 604 (2d Cir. 2008). Ordered by Magistrate Judge Peggy Kuo on 4/17/2024. (ML) |
| Docket last updated: 06/15/2026 11:59 PM EDT |
| Tuesday, September 30, 2025 | ||
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order
Order on Motion for Disbursement of Funds
Tue 09/30 10:57 PM
ORDER: Plaintiffs' [94-1] proposed order approving distribution of the Net Settlement Fund is so-ordered. Notwithstanding the language in Paragraph 9 of the order, the Court declines to retain jurisdiction over this case for the purpose of administering the settlement agreement. Ordered by Judge Rachel P. Kovner on 9/30/2025. (JC) |
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