Press release
Zynex, Inc. (NASDAQ: ZYXI) Investor Alert: Deadline in Lawsuit on May 19, 2025
A Deadline is coming up on May 19, 2025 in the lawsuit for certain investors in Zynex, Inc. (NASDAQ: ZYXI).
Investors who purchased shares of Zynex, Inc. (NASDAQ: ZYXI) have certain options and there are strict and short deadlines running. Deadline: May 19, 2025. Zynex, Inc. (NASDAQ: ZYXI) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the District of Colorado the plaintiff alleges on behalf of purchasers of Zynex, Inc. (NASDAQ: ZYXI) common shares between March 13, 2023 and March 11, 2025, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 13, 2023 and March 11, 2025, the Defendants failed to disclose to investors that Zynex shipped products, including electrodes, in excess of need, that, as a result of this practice, the Company inflated its revenue, that the Company's practice of filing false claims drew scrutiny from insurers, including Tricare, that, as a result, it was reasonably likely that Zynex would face adverse consequences, including removal from insurer networks and penalties from the federal government, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Zynex, Inc. (NASDAQ: ZYXI) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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