The Gross Law Firm Reminds Zynex, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 19, 2025

Core Viewpoint - Zynex, Inc. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its business practices, particularly related to inflated revenue and improper product shipments [3][4]. Summary by 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 federal penalties [3] - Defendants' positive statements about the company's business and prospects were materially misleading and lacked a reasonable basis [3] Class Action Details - The class period for the lawsuit is from March 13, 2023, to March 11, 2025 [3] - Shareholders are encouraged to register for the class action by May 19, 2025, to potentially become lead plaintiffs [4] - There is no cost or obligation for shareholders to participate in the case [4] Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [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]