Zynex, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information

Core Viewpoint - Zynex, Inc. is facing a class action lawsuit due to allegations of issuing misleading statements and inflating revenue through improper business practices during the class period from March 13, 2023, to March 11, 2025 [3][4]. Summary by Relevant Sections Allegations - The complaint alleges that Zynex shipped products, including electrodes, in excess of need, leading to inflated revenue [3] - The company's practice of filing false claims has drawn scrutiny from insurers, including the U.S. military health insurance program, Tricare [3] - As a result of these practices, Zynex is likely to face adverse consequences, including removal from insurer networks and penalties from the federal government [3] - The positive statements made by the defendants regarding the company's business and prospects were materially misleading and lacked a reasonable basis [3] Class Action Details - Shareholders who purchased shares of ZYXI during the specified class period are encouraged to register for the class action [4] - The deadline to seek lead plaintiff status is May 19, 2025, and there is no cost or obligation to participate [4] Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and illegal business practices [5] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5]