LOS ANGELES, April 3, 2025 /PRNewswire/ — The Schall Law Firm, known for representing shareholder rights, has announced a class action lawsuit against Zynex, Inc. (“Zynex” or “the Company”) ZYXI. This action is based on alleged violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10b-5 as established by the U.S. Securities and Exchange Commission.

Investors who purchased Zynex securities from March 13, 2023 to March 11, 2025 (the “Class Period”) should contact the firm before May 19, 2025 for more information.

Shareholders who believe they have incurred losses are encouraged to join the class action.

For further inquiries, reach out to Brian Schall at the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, or call 310-301-3335 for a free discussion about your rights. Additionally, visit the firm’s website at www.schallfirm.com or email at [email protected].

It’s important to note that the class has not yet been certified. Therefore, until certification occurs, you are not officially represented by an attorney. Should you decide not to take action, you can remain classified as an absent class member.

The Complaint asserts that Zynex provided false and misleading information to the market. Allegedly, the Company shipped more products than necessary, artificially inflating its revenues. This also included submitting false claims, prompting scrutiny from insurers like Tricare, which could result in Zynex’s exclusion from insurer networks and lead to potential penalties. Consequently, the statements made by the Company were misleading, and when the truth emerged, investors experienced significant losses.

Participants are encouraged to join the case to seek recovery for their losses.

The Schall Law Firm specializes in representing investors globally in securities class action lawsuits and shareholder rights litigation.

This press release may qualify as Attorney Advertising in certain jurisdictions, according to applicable laws and ethical standards.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

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SOURCE: The Schall Law Firm