Console & Associates, P.C. Investigates Zynex, Inc. Securities Class Action Lawsuit
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Zynex, Inc. (ZYXI) is under investigation for a potential securities class action lawsuit alleging misleading statements about its business practices. The lawsuit claims the company inflated revenues through excessive product shipments and filed questionable insurance claims, which led to a significant stock price drop after Tricare suspended payments.
March 25, 2025 | 6:00 pm
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Zynex is investigating a securities class action lawsuit alleging misleading statements about business practices, with potential implications for future revenue and investor trust.
The lawsuit alleges serious misconduct including excessive product shipments, inflated revenues, and problematic insurance claims. Tricare's payment suspension (20-25% of annual revenue) and the significant stock price drop indicate substantial business risk.
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