#USA #New York #Class Action #Gross Law Firm #Zynex

Investors Alert for Zynex, Inc. Shareholders

The Gross Law Firm, a recognized leader in class action litigation, has issued a crucial notice regarding the ongoing class action lawsuit affecting shareholders of Zynex, Inc. (NASDAQ: ZYXI). This legal action permits investors who purchased shares during the designated class period—a span running from March 13, 2023, to March 11, 2025—to participate in potential recovery processes as outlined by the firm.

Important Deadlines

The deadline to register as a lead plaintiff is set for May 19, 2025. Shareholders who meet the eligibility criteria are urged to contact the Gross Law Firm promptly to discuss their options. Registering as a lead plaintiff is important for those wishing to influence the proceedings; however, it is not a requirement to seek recovery.

Allegations Against Zynex, Inc.

The underlying complaint indicates serious allegations against Zynex, which include:

1. Excessive Shipments: Zynex allegedly shipped more products, specifically electrodes, than necessary, leading to inflated revenue figures.
2. Material Misrepresentation: Defendants may have issued misleading statements about the company’s operations and financial prospects.
3. Legal Scrutiny: The methods used by Zynex reportedly drew scrutiny from significant insurers, including Tricare, the military's health insurance program.
4. Consequences: There are assertions that Zynex could face severe repercussions, such as removal from insurer networks and potential penalties from the government, based on these practices.

These allegations suggest that the company's positive outlook was, in fact, based on misleading or false information. This has led to a detrimental impact on shareholders once the truth surfaced.

Next Steps for Investors

For those wishing to participate in the class action, it is vital to register your information with the Gross Law Firm. Once registered, shareholders will gain access to monitoring tools designed to keep them informed about the case's developments. This service operates at no cost to participants, ensuring you stay informed without financial obligations.

Why Choose Gross Law Firm?

The Gross Law Firm prides itself on its dedication to championing investor rights and holding accountable those who engage in fraudulent practices. Their commitment ensures that all potential claims are addressed vigorously. They aim to recover losses for investors who have suffered due to deceptive business practices leading to inflated stock values, protecting the interests of shareholders across the board.

Contact Information

Interested shareholders can reach out to the Gross Law Firm for more information:

• - Address: 15 West 38th Street, 12th Floor, New York, NY 10018
• - Email: [email protected]
• - Phone: (646) 453-8903

As the deadline approaches, prompt action is essential. Shareholders are encouraged not to delay in securing their eligibility in this pivotal class action lawsuit against Zynex, Inc. Ensure your rights are protected during this significant legal undertaking as we await further developments in the case.