Levi & Korsinsky Notifies Shareholders of Zynex, Inc.(ZYXI) of a Class Action Lawsuit and an Upcoming Deadline
Portfolio Pulse from
Levi & Korsinsky law firm has filed a class action securities lawsuit against Zynex, Inc. (ZYXI) alleging fraudulent practices including shipping excess products, inflating revenue, and potentially facing consequences from insurers like Tricare. Investors who suffered losses between March 13, 2023 and March 11, 2025 can participate in the lawsuit, with a deadline of May 19, 2025 to request lead plaintiff status.

March 28, 2025 | 10:00 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
The lawsuit alleges systematic revenue inflation and potential regulatory consequences, which could negatively impact Zynex's financial reputation and stock performance.
The class action lawsuit directly targets Zynex's business practices, alleging fraudulent revenue reporting and potential regulatory risks. This could lead to financial penalties, reputational damage, and investor loss of confidence.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100