THE LAWSUIT: A class action securities lawsuit was filed against Zynex, Inc. (ZYXI) that seeks to recover losses of Zynex, Inc. shareholders who were adversely affected by alleged securities fraud between March 13, 2023 and March 11, 2025
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: Zynex reported its financial and operation results for the fourth quarter and full year ended December 31, 2024, announcing that “fourth quarter revenue was less than expected. The shortfall was due to slower than normal payments from certain payers and we were recently notified that Tricare has temporarily suspended payments as they review prior claims.”
Following this news, the price of the Company’s stock dropped on March 11, 2025.
WHAT’S NEXT? If you suffered a loss in Zynex, Inc. stock during the relevant time frame – even if you still hold your shares – go to https://zlk.com/pslra-1/zynex-inc-lawsuit-submission-form?wire=18 to learn about your rights to seek a recovery. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/