Lost Money on Zynex, Inc.(ZYXI)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
Portfolio Pulse from
Law firm Levi & Korsinsky has filed a class action securities lawsuit against Zynex, Inc. alleging securities fraud between March 2023 and March 2025. The lawsuit claims the company artificially inflated revenue by shipping excess products, potentially drawing scrutiny from insurers like Tricare, and making misleading statements about its business operations.
April 02, 2025 | 1:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Class action lawsuit alleges fraudulent practices in product shipping and revenue reporting, which could lead to potential insurance network removals and government penalties.
The lawsuit directly targets Zynex, alleging serious misconduct that could damage the company's reputation, financial standing, and future business prospects. Potential penalties and insurance network removals pose significant short-term risks to the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100