Class Action Filed Against Zynex, Inc. (ZYXI) - May 19, 2025 Deadline to Join - Contact Levi & Korsinsky
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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 complaint claims the company inflated revenues by shipping excess products, potentially drawing scrutiny from insurers like Tricare, and making misleading statements about its business operations.
April 06, 2025 | 10:15 am
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The lawsuit alleges Zynex shipped excess products, potentially inflating revenues and risking insurer relationships, which could negatively impact the company's financial standing.
The lawsuit directly targets Zynex, alleging serious misconduct that could lead to financial penalties, reputational damage, and potential loss of insurance network contracts. These allegations, if proven, could significantly impact the company's financial performance and investor confidence.
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IMPORTANCE 90
RELEVANCE 100