
Core Viewpoint - A class action lawsuit has been filed against Zynex, Inc. for allegedly making false and misleading statements regarding its business practices and financial performance during the specified Class Period [1][3]. Summary by Relevant Sections Class Action Details - The lawsuit is filed on behalf of all individuals and entities who purchased Zynex securities between March 13, 2023, and March 11, 2025, with a deadline of May 19, 2025, for investors to apply as lead plaintiffs [1]. Allegations Against Zynex - The complaint alleges that Zynex shipped products, including electrodes, in excess of actual need, leading to inflated revenue figures [3]. - It is claimed that Zynex's practice of filing false claims attracted scrutiny from insurers, including Tricare, which could result in adverse consequences such as removal from insurer networks and federal penalties [3]. - The lawsuit asserts that the positive statements made by Zynex regarding its business and prospects were materially misleading and lacked a reasonable basis due to the undisclosed practices [3].