Class Action Filed Against Zynex, Inc. (ZYXI) Seeking Recovery for Investors - Contact Levi & Korsinsky
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A class action securities lawsuit has been filed 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 and prospects.
April 18, 2025 | 2:30 pm
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NEGATIVE IMPACT
Potential legal and financial risks emerge from allegations of securities fraud, which could impact Zynex's reputation and financial standing.
The lawsuit alleges serious misconduct including revenue inflation and potential insurance network removal, which could significantly damage investor confidence and the company's financial outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100