Shareholders of Zynex, Inc. Should Contact Levi & Korsinsky Before May 19, 2025 to Discuss Your Rights - ZYXI
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A class action securities lawsuit has been filed against Zynex, Inc. (ZYXI) alleging securities fraud between March 2023 and March 2025. The lawsuit claims the company falsely inflated revenue by shipping excess products, potentially drawing scrutiny from insurers like Tricare, and making misleading statements about its business operations and prospects.
March 28, 2025 | 5:30 pm
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The class action lawsuit could negatively impact Zynex's stock price, potentially leading to financial penalties, reputational damage, and loss of insurance network relationships.
The lawsuit alleges serious misconduct including revenue inflation, false product shipments, and potential insurance network removals, which could significantly harm Zynex's financial standing and investor confidence.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100