Zynex, Inc. (ZYXI) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
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Glancy Prongay & Murray LLP has announced a securities fraud class action lawsuit against Zynex, Inc. (ZYXI) alleging the company misled investors between March 2023 and March 2025. The lawsuit claims Zynex shipped excess products, inflated revenue, filed false insurance claims, and potentially faces consequences from insurers and the federal government.
April 02, 2025 | 4:15 pm
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Lawsuit alleges Zynex inflated revenues through excessive product shipping and false insurance claims, which could lead to potential network removals and government penalties.
The securities fraud lawsuit directly targets Zynex, alleging systematic misrepresentation of financial performance. Such legal challenges typically create significant investor uncertainty and can negatively impact stock price.
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