NEW YORK, March 24, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Zynex, Inc. CYXI following allegations that Zynex disclosed potentially materially misleading business information to the investing public.
SO WHAT: If you have purchased Zynex securities, you may be entitled to compensation without payment of expenses or costs through a contingency fee arrangement. Law firm Rosen is preparing a class action lawsuit to recover investor losses.
WHAT TO DO NEXT: To participate in the prospective class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=12865 or call Phillip Kim, Esq. toll free at 866-767-3653 or by email email@example.com or firstname.lastname@example.org for information about the Class Action.
WHAT IS THIS ABOUT: On March 6, 2023, Zynex announced that it was postponing the release of its fourth quarter and full year financial results and conference call originally scheduled for March 6, 2023 to allow additional time to complete its financial statements processes.
As a result of this news, Zynex’s share price fell $2.65, or 21%, to close at $9.76 per share on March 7, 2023.
WHY ROSES LAW: We encourage investors to select qualified advisors with a track record in leadership positions. Frequently, companies that issue notices do not have comparable experience, resources, or meaningful recognition from peers. Be wise in choosing a lawyer. The Rosen Law Firm represents investors worldwide and focuses its practice on securities class actions and shareholder derivatives litigation. Rosen Law Firm has achieved the largest-ever settlement of a securities class action lawsuit against a Chinese company. Rosen Law Firm was ranked #1 in 2017 by ISS Securities Class Action Services for the number of securities class action settlements. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone…