Zynex & Thomas Sandgaard
1 shared events · Importance 3 · Last updated Apr 21, 2026
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Zynex: Zynex is facing multiple securities class action lawsuits, delisting from Nasdaq, and Chapter 11 bankruptcy due to an alleged fraudulent overbilling scheme. The company's stock price has plummeted, resulting in a near-total loss for common equity holders.
Thomas Sandgaard: Thomas Sandgaard, former CEO of Zynex, was indicted for health care and securities fraud, leading to his immediate removal from the company. He is also a defendant in the lawsuit filed by The Travelers Companies.
Feb 24, 2026 · 35 articles
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