May 19, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against ZYXI
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Levi & Korsinsky law firm has filed a class action securities lawsuit against Zynex, Inc. (ZYXI) alleging securities fraud between March 2023 and March 2025. The lawsuit claims the company falsely inflated revenues by shipping excess products, potentially drawing scrutiny from insurers like Tricare, and making misleading statements about its business operations.
April 16, 2025 | 5:00 pm
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Lawsuit alleges fraudulent practices in product shipping and revenue reporting, which could lead to potential financial penalties and reputational damage
The lawsuit directly targets Zynex, alleging systematic fraud in revenue reporting and product shipments. Potential consequences include financial penalties, insurance network removal, and significant reputational damage, which could negatively impact stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100