Zynex, Inc. Class Action: Levi & Korsinsky Reminds Zynex, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 19, 2025 - ZYXI
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Levi & Korsinsky law firm has filed a class action securities lawsuit against Zynex, Inc. alleging securities fraud between March 2023 and March 2025. The lawsuit claims the company inflated revenues by shipping excess products, potentially drawing scrutiny from insurers like Tricare, and making misleading statements about its business operations.
March 28, 2025 | 11:45 am
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NEGATIVE IMPACT
The class action lawsuit could significantly impact Zynex's reputation, financial standing, and potential future insurance relationships due to alleged fraudulent practices.
The lawsuit alleges serious misconduct including revenue inflation, false product shipping claims, and potential insurance network removal, which could substantially damage Zynex's financial credibility and stock performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100