Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Zynex, Inc.(ZYXI) Shareholders
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Law firm Levi & Korsinsky has filed a securities class action lawsuit against Zynex, Inc. alleging the company engaged in fraudulent practices between March 2023 and March 2025. The lawsuit claims Zynex shipped excessive products, inflated revenue, and potentially drew scrutiny from insurers including Tricare, which could lead to network removal and federal penalties.
April 02, 2025 | 1:30 am
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The class action lawsuit alleges systematic misconduct including product over-shipping, revenue inflation, and potential insurance claim issues that could damage Zynex's business reputation and financial standing.
The lawsuit directly targets Zynex with serious allegations of securities fraud, which could lead to financial penalties, reputational damage, and potential loss of insurance network relationships. These factors are likely to negatively impact the stock price in the short term.
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