
Core Viewpoint - Zynex, Inc. is facing allegations of issuing materially false and misleading statements, which may have led to inflated revenues and potential penalties from insurers and the federal government [1][2]. Group 1: Allegations - The complaint alleges that Zynex shipped products, including electrodes, in excess of need, resulting in inflated revenue [1]. - The company's practice of filing false claims has drawn scrutiny from insurers, including the U.S. military health insurance program, Tricare [1]. - There is a reasonable likelihood that Zynex will face adverse consequences, including removal from insurer networks and penalties from the federal government [1]. Group 2: Class Action Details - The class period for the allegations is from March 13, 2023, to March 11, 2025 [1]. - Shareholders who purchased shares of ZYXI during this period are encouraged to register for the class action by May 19, 2025 [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the lifecycle of the case [2]. Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who incurred losses from misleading statements [3].