Faruqi & Faruqi, LLP Announces Investigation of Zynex, Inc.
NEW YORK--([ BUSINESS WIRE ])--Faruqi & Faruqi, LLP, a national law firm concentrating on investor rights, consumer rights and enforcement of federal antitrust laws, is investigating potential wrongdoing at Zynex, Inc. (aZynexa or the aCompanya) (OTC BB: ZYXI). Faruqi & Faruqi, LLP seeks to determine whether Zynex has violated the federal securities laws in connection with Zynexa™s statements to the Companya™s shareholders.
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Specifically, the investigation concerns whether Zynexa™s board of directors breached their fiduciary duties by: (1) misleading shareholders about increased revenues and product shipments; and (2) failing to ensure that the Company possessed adequate internal controls that would have prevented the Companya™s April 2009 restatement of its earnings.
Take Action
If you are a Zynex shareholder and you would like to discuss your legal rights, visit [ www.faruqilaw.com/ZYXI ]. You can also contact us by calling Juan Monteverde toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [ jmonteverde@faruqilaw.com ]. Faruqi & Faruqi, LLP also encourages anyone with information regarding Zynexa™s conduct during the period in question to contact the firm, including whistleblowers, former employees, shareholders and others.
About Faruqi & Faruqi, LLP
Faruqi & Faruqi, LLP is a national law firm, representing investors, consumers and companies in the prosecution of claims under state corporate and consumer laws and the federal securities and antitrust laws. The firm is focused on providing exemplary legal services in complex litigation. Founded in 1995, the firm maintains its principal office in New York City, with offices in Delaware, California, Florida and Pennsylvania. The lawyers at Faruqi & Faruqi, LLP have demonstrated a clear commitment to championing the rights of shareholders and consumers nationwide.
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