Levi & Korsinsky Reminds Zynex, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 19, 2025 - ZYXI
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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 inflated revenues by shipping excess products, potentially drawing scrutiny from insurers like Tricare, and making misleading statements about its business operations.
April 16, 2025 | 3:45 pm
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The lawsuit alleges Zynex shipped excess products, inflated revenues, and potentially faces insurance network removal and government penalties, which could significantly 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 contracts. This creates significant short-term negative pressure on the stock.
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