Important Information for Investors: Rosen Law Firm Reminds Purchasers of Zynex, Inc. Securities of Potential Compensation
New York, NY – April 5, 2025
Rosen Law Firm, a global investor rights law firm, is reminding purchasers of the securities of Zynex, Inc. (NASDAQ: ZYXI) between March 13, 2023, and March 11, 2025, both dates inclusive (the “Class Period”), of the important May 19, 2025, lead plaintiff deadline. This deadline applies to those who may have purchased or acquired Zynex securities during the Class Period and may be entitled to compensation.
What Happened to Zynex, Inc.?
According to the allegations in the class action complaint, during the Class Period, Zynex, Inc. made false and/or misleading statements and/or failed to disclose that:
- The company’s financial statements for the fiscal years 2023 and 2024 contained material errors;
- The company’s revenues for the fiscal years 2023 and 2024 were overstated;
- The company’s net income for the fiscal years 2023 and 2024 was overstated;
- The company’s internal control over financial reporting was deficient;
- The company failed to disclose that certain of its sales were made through related parties.
As a result of these allegations, on March 12, 2025, Zynex, Inc.’s stock price fell significantly, causing investors harm.
Who is Eligible to Receive Compensation?
If you purchased or otherwise acquired Zynex securities during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action lawsuit to recover damages for investors.
What Does This Mean for Me?
If you purchased Zynex securities during the Class Period and suffered losses as a result, you may be eligible to receive compensation. It is important to act before the May 19, 2025, lead plaintiff deadline to ensure your rights are protected. Contact the Rosen Law Firm to discuss your potential recovery.
What Does This Mean for the World?
The allegations of accounting fraud and misrepresentation made against Zynex, Inc. are concerning. Such actions can erode investor confidence and undermine the integrity of the financial markets. It is essential that companies provide accurate and transparent information to their investors to ensure a level playing field and maintain trust.
The outcome of this class action lawsuit may set a precedent for similar cases and serve as a reminder to companies to prioritize transparency and honesty in their financial reporting.
Conclusion
If you purchased Zynex securities during the Class Period, you may be entitled to compensation. The Rosen Law Firm is prepared to help you recover your losses. Contact them before the May 19, 2025, lead plaintiff deadline to discuss your potential recovery.
This lawsuit serves as a reminder of the importance of accurate financial reporting and the potential consequences of misrepresentation. It is crucial that companies maintain transparency and honesty to protect investor trust and confidence in the financial markets.
