ROSEN, LEADING TRIAL ATTORNEYS, Encourages Zynex, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - ZYXI
Portfolio Pulse from
Rosen Law Firm is investigating a potential securities class action against Zynex, Inc. (ZYXI) alleging the company inflated revenues by shipping excess products and filing false insurance claims. The lawsuit covers the period from March 13, 2023 to March 11, 2025, with a lead plaintiff deadline of May 19, 2025.
April 15, 2025 | 9:15 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Lawsuit claims Zynex shipped excess products and filed false insurance claims, potentially inflating revenue and risking insurer network removal and government penalties.
The lawsuit directly targets Zynex's business practices, alleging systematic revenue inflation and potential regulatory risks. This could negatively impact investor confidence and stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100