The Schall Law Firm, a prominent national firm focused on shareholder rights litigation, has announced a class action lawsuit against Zynex, Inc. (“Zynex” or “the Company”) ZYXI. This legal action is based on alleged violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934, along with Rule 10b-5 issued by the U.S. Securities and Exchange Commission.

Shareholders who acquired Zynex securities between March 13, 2023, and March 11, 2025, inclusive (the “Class Period”), are urged to reach out to the firm by May 19, 2025.

If you have been adversely affected as a shareholder, click here to participate.

For further information, contact Brian Schall of the Schall Law Firm at 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, by calling 310-301-3335. Communication can also be initiated via their website at www.schallfirm.com or by emailing [email protected].

It’s important to note that the class has not yet been certified. Until such certification is granted, participants are not officially represented by an attorney. Those who opt not to join the lawsuit may remain absent class members.

The complaint contends that Zynex issued false and misleading statements. Specifically, the Company purportedly shipped more products than market demand warranted, leading to inflated revenue figures. These actions reportedly involved filing inaccurate claims, which attracted scrutiny from insurers, including Tricare. Due to these practices, Zynex faced the risk of exclusion from insurer networks and legal penalties. Consequently, the Company’s public statements during the Class Period were considered misrepresentative. Once the truth was revealed, it is claimed that investors experienced financial harm.

Investors are encouraged to join the case to seek recovery for any losses incurred.

The Schall Law Firm has a global presence in representing investors and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be regarded as Attorney Advertising in certain jurisdictions, subject to relevant legal and ethical guidelines.

View the source version on businesswire.com: https://www.businesswire.com/news/home/20250321555101/en/

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