Legal Alert: Join the Class Action Against Zynex, Inc. Before May 2025

Legal Alert: Zynex, Inc. Class Action Lawsuit

On April 21, 2025, The Gross Law Firm made a significant announcement regarding Zynex, Inc. (NASDAQ: ZYXI), alerting shareholders to a class action lawsuit. For individuals holding shares during the specified period from March 13, 2023, to March 11, 2025, this is a crucial moment to consider actions regarding their investment.

Important Details

The class action suit outlines specific allegations against Zynex, which include issuing materially false statements and failing to disclose critical information that may have impacted shareholders’ decisions. Key points raised in the lawsuit are:

1. Excessive Shipments: The lawsuit claims that Zynex shipped more products, particularly electrodes, than necessary, leading to inflated revenue figures.
2. Scrutiny from Insurers: Due to these practices, the company reportedly drew attention from major insurers, including Tricare, the U.S. military health insurance program.
3. Potential Consequences: Given the allegations, there remains a significant risk that Zynex could face penalties from government bodies and a potential expulsion from insurance networks.
4. Misleading Information: The firm argues that public statements from Zynex regarding its business and operational health were materially misleading and lacked a factual basis.

Call to Action for Shareholders

Shareholders who purchased ZYXI shares during the class period are encouraged to contact The Gross Law Firm to discuss their potential involvement. The deadline to register for this lawsuit and to potentially be appointed as a lead plaintiff is set for May 19, 2025. However, even if you do not take on the role of a lead plaintiff, you can still participate in the recovery process.

As an interested shareholder, registering under this class action lawsuit could provide you with valuable updates throughout the case's progression via a portfolio monitoring software. Participation comes at no cost or obligation, and it’s essential not to delay in registering your information.

Why Choose The Gross Law Firm?

The Gross Law Firm is a reputable class action law firm dedicated to represent investors who have suffered due to fraudulent or misleading corporate behaviors. Advocating for good corporate citizenship and responsible business practices forms the core of their mission. They aim to recover losses sustained by shareholders in instances where misinformation led to an artificial inflation of stock prices.

In the wake of these developments, shareholders are strongly advised to examine their investments and consider joining the class action to safeguard their interests.

For further information or registration of your claim, please visit The Gross Law Firm’s official site. Their contact details are: 15 West 38th Street, 12th Floor, New York, NY 10018 or call at (646) 453-8903.

Conclusion

As the class action suit against Zynex continues to unfold, all shareholders are urged to take note of these allegations and remain proactive in protecting their financial interests. Stay informed, and act swiftly before the enrollment deadline approaches.