Zynex
Tracked across 6 events · 144 articles · First seen Jan 28, 2026 · Last active Apr 17, 2026
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Regulatory
Zynex is facing a class action lawsuit for allegedly inflating revenue through false claims and failing to comply with industry regulations. This has led to significant stock price drops, suspension of payments from United States===Tricare, and a lawsuit from Travelers seeking over $23 million in damages. The company also underwent leadership changes, with Steven Dyson replacing Sandgaard as CEO and Daniel Moorhead departing as CFO.
Feb 25, 2026 · 7 articles
Regulatory
Zynex is facing a class action securities lawsuit alleging fraudulent overbilling and inflated revenue. This could lead to significant financial penalties, removal from insurer networks, and a severe decline in its stock price.
Mar 02, 2026 · 7 articles
Regulatory
Zynex is facing a class action lawsuit for alleged fraudulent overbilling and inflated revenue, which has led to scrutiny from insurers and a lawsuit from The Travelers Companies. This could result in significant financial penalties and damage to its reputation.
Feb 23, 2026 · 7 articles
Business
Zynex is facing a federal securities class action lawsuit for allegedly inflating revenue through excessive product shipments and fraudulent overbilling, leading to scrutiny from insurers like United States===Tricare and a lawsuit from The Travelers Companies. This has resulted in significant stock price declines and leadership changes.
Jan 28, 2026 · 70 articles
Regulatory
Zynex is facing a securities class action lawsuit due to alleged misleading statements and omissions regarding its business practices and financial performance. This lawsuit could result in significant financial penalties and reputational damage for Zynex.
Feb 25, 2026 · 46 articles
+ 1 more events
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100
Zynex engaged in systemic overbilling and oversupplying scheme United States===TricareZynex Faces Securities...
100
Bronstein, Gewirtz & Grossman, LLC filed a class action lawsuit ZynexZynex Faces Class Action...
95
Zynex filed for Chapter 11 bankruptcyZynex Faces Securities...
90
Zynex delisted from Nasdaq NasdaqZynex Faces Securities...
90
Zynex shipped products in excess of need and inflated revenueZynex Faces Class Action...
90
Hagens Berman Sobol Shapiro LLP filed securities class action lawsuit ZynexZynex Faces Securities...
90
The Gross Law Firm issued notice to shareholders regarding a securities class action lawsuit ZynexZynex Faces Securities...
85
United States===Tricare suspended all payments to Zynex ZynexZynex Faces Securities...
+ 1 more actions
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United States===Tricare
customer
↔
Zynex
United States===Tricare is Zynex's largest customer, accounting for 20-25% of it
Thomas Sandgaard
former CEO of
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Zynex
Thomas Sandgaard was the former CEO of Zynex and is named in the lawsuit.
The Travelers Companies
plaintiff
↔
Zynex
The Travelers Companies is suing Zynex for fraudulent overbilling.
Daniel Moorhead
former CFO of
↔
Zynex
Daniel Moorhead was the former CFO of Zynex and departed during the event.
Steven Dyson
CEO of
↔
Zynex
Steven Dyson is the current CEO of Zynex, appointed during a leadership change.
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