Expected timeline
The Schall Law Firm’s announcement does not include a concrete timetable, but in comparable shareholder‑rights investigations the typical schedule is:
| Phase | Approx. Duration |
|---|---|
| Initial fact‑gathering & document requests | 2 – 4 weeks |
| Formal “letter‑to‑investor” or “notice of claim” to the company | 4 – 6 weeks after the first phase |
| SEC or other regulator review (if the firm refers the matter) | 6 – 12 weeks from receipt of the claim |
| Potential enforcement or settlement action | 3 – 6 months after the regulator’s opening letter |
Given that the firm has just announced the investigation (Aug 25, 2025), the earliest we could see a formal claim filed with Telix is mid‑September 2025. If the firm escalates the matter to the SEC, a regulator‑review response would likely arrive late October – early December 2025, with any enforcement or settlement activity materialising by Q1 2026.
Trading implications
- Short‑term (next 4‑6 weeks): Expect heightened volatility as investors digest the news and the market prices in the uncertainty of a potential securities‑law breach. The stock could face downward pressure, especially on low‑volume days, as short‑covering and defensive positioning intensify.
- Medium‑term (Oct‑Dec 2025): If the firm’s claim triggers a formal SEC inquiry, the market may react sharply to any public filing or request for information, potentially widening the bid‑ask spread. Technicals show TLX breaking below its 20‑day moving average and testing the 61‑day trendline, a bearish signal that could attract short‑bias trades.
- Actionable stance: Maintain a defensive posture—tighten stop‑losses around the current support zone (~$1.10) and consider partial hedging (e.g., buying protective puts or reducing exposure) until the investigation’s first milestone (letter‑to‑investor) is disclosed. If the company issues a clear denial or the regulator’s review yields no substantive findings, the risk premium will compress and a re‑entry on a bounce could be justified in early 2026.