SAN FRANCISCO, March 20, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Zynex, Inc. (NASDAQ: ZYXI) investors who suffered substantial losses to submit your losses now.

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Zynex, Inc. (ZYXI) Investigation:

The investigation focuses on Zynex’s past assurances that its financial statements were prepared in conformity with Generally Accepted Accounting Principles (“GAAP”) and that it maintained effective internal controls over financial reporting.

On Mar. 6, 2023, Zynex abruptly postponed the release of its Q4 and FY 2022 earnings and the investor conference call scheduled for later that afternoon. The company only explained it “will announce its fourth quarter and full year 2022 financial results and conference call schedule in a future press release to allow additional time to complete its year-end closing procedures.”

This news sent the price of Zynex shares crashing lower on Mar. 7, 2023.

“We’re focused on investors’ losses and the specific reasons for Zynex’s delayed filing, including whether there may be difficulty obtaining auditor sign-off and whether there may be a pending restatement of previously-reported financial results,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you invested in Zynex and have substantial losses, or have knowledge that may assist the firm’s investigation, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding Zynex should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email ZYXI@hbsslaw.com.

About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation law firm focusing on corporate accountability through class-action law. The firm is home to a robust securities litigation practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and fraud. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

Contact:
Reed Kathrein, 844-916-0895