Levi & Korsinsky Reminds Zynex, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 19, 2025 - ZYXI
Portfolio Pulse from
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 Zynex shipped excessive products, inflated revenue, and potentially faces consequences from insurers including Tricare for filing false claims.
April 02, 2025 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Lawsuit alleges Zynex shipped excessive products, inflated revenue, and may face insurer network removal and federal penalties, which could significantly impact the company's financial standing.
The lawsuit directly targets Zynex, alleging serious financial misconduct that could lead to financial penalties, reputational damage, and potential loss of insurance network contracts.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100