Investigation Launched into Zynex, Inc. Over Securities Violations
The Law Offices of Frank R. Cruz has initiated an investigation concerning Zynex, Inc. (“Zynex” or the “Company”) ZYXI on behalf of investors regarding potential violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON ZYNEX, INC. (ZYXI), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.
Details of the Investigation
On March 11, 2025, after market hours, Zynex disclosed its financial results for the fourth quarter and full year 2024. The Company reported a revenue “shortfall” attributed to slower payments from certain payers. Additionally, Zynex mentioned that Tricare, the healthcare program for uniformed service members, has temporarily halted payments while reviewing prior claims. This program accounts for approximately 20-25% of Zynex’s annual revenue.
Zynex’s stock experienced a significant decline in response to this news, falling by $3.59, or 51.3%, to close at $3.41 per share on March 12, 2025. This decline has raised concerns among investors about potential financial repercussions.
How to Participate in the Investigation
If you have invested in Zynex securities, have information relevant to the situation, or wish to explore your rights or interests regarding these issues, please reach out to us:
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: [email protected]
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.
Please include your mailing address, telephone number, and the number of shares purchased when inquiring via email.
This press release may be viewed as Attorney Advertising in some jurisdictions according to applicable laws and ethical standards.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250312872399/en/
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz
310-914-5007
[email protected]
www.frankcruzlaw.com
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