Zynex, Inc. Investors Called to Action for Lead Plaintiff Role
The Rosen Law Firm, a well-known global entity specializing in investor rights, is reaching out to individuals who have recently acquired securities from Zynex, Inc. (NASDAQ: ZYXI). If you purchased or acquired Zynex securities between March 13, 2023, and March 11, 2025, you might be entitled to compensation and are encouraged to act before the
May 19, 2025 deadline for becoming a lead plaintiff in an ongoing securities fraud lawsuit.
What You Need to Know
Investors who participated in buying Zynex shares during the designated class period have the opportunity to join this action without incurring any up-front legal fees. The contingency fee arrangement allows plaintiffs to recover damages without direct payments unless the case is won. This represents a significant opportunity for affected investors to assert their rights and seek justice.
To become involved in the class action lawsuit, individuals should either visit
rosenlegal.com or contact Phillip Kim, Esq., toll-free at 866-767-3653. Communication via email is also welcomed at [email protected].
Understanding the Lawsuit’s Claims
The lawsuit outlines serious allegations against Zynex, highlighting how the company's management may have misled investors regarding its business practices. Specifically, it claims that:
1. Zynex over-shipped products like electrodes, creating a falsely inflated revenue.
2. This deceptive practice attracted scrutiny from various insurers, including Tricare.
3. The company faced potential penalties and removal from certain insurer networks as a consequence of its actions.
4. The aforementioned misleading conduct meant that Zynex's positive public statements about its business were not substantiated by reality.
This situation has prompted the Rosen Law Firm to take significant steps to protect the interests of shareholders. It is crucial for potential claimants to understand that a class of plaintiffs has not yet been certified. Until certification is achieved, investors must either select their own legal representation or they may remain passive class members.
The Importance of Qualified Counsel
In selecting legal representation, it is essential that investors align with reputable legal counsel that possesses a solid track record in handling such cases. The Rosen Law Firm prides itself on its established history, having facilitated some of the largest settlements in the field of securities class actions, particularly involving international players.
In 2019 alone, the firm successfully recovered over $438 million for various investors. According to their press release, the legal team has consistently maintained high rankings in the securities class action space, emphasizing that choosing competent legal representation is crucial for achieving favorable outcomes.
Next Steps for Interested Investors
For those who are interested in participating in this class action, immediate action is recommended. Given that the lead plaintiff application must be submitted by May 19, 2025, potential plaintiffs are encouraged to connect with the Rosen Law Firm for guidance.
Stay informed regarding ongoing updates and related news via the firm’s social media channels, including LinkedIn, Twitter, and Facebook.
This opportunity represents a pivotal moment for investors impacted by Zynex's alleged misconduct during the class period. Participants can rest assured that they are not alone in this endeavor, with experienced legal professionals advocating for their rights and potential recoveries.
Conclusion
The upcoming lawsuit could provide a vital chance for Zynex, Inc. investors to claim the compensation they deserve. Acting promptly is crucial, and those affected by this situation should not hesitate to involve themselves in what could be a decisive move towards accountability and justice.