A federal securities class action filed on February 20, 2026 has laid bare what prosecutors describe as an $873 million insurance billing fraud machine run by the former top executives of medical ...
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Zynex Inc. agrees to resolve claims of health care, securities, and mail fraud, RI US Attorney says
Zynex, Inc., a Colorado-based medical device company, has agreed to enter into a non-prosecution agreement with the U.S. Attorney's Office in Rhode Island and admit to participating in a conspiracy to ...
The medical device company acknowledged that the vast majority of the more than $873 million it collected was the result of ...
Zynex, based in Englewood, shipped patients excessive volumes of devices each month, using these fraudulent billings to artificially inflate the company’s financial reporting and its stock price, the ...
Colorado company Zynex has admitted it scammed people out of millions of dollars as part of a deal with the U.S. Attorney's ...
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Patient recounts fraud experience with Colorado medical company after former executives indicted
A patient who says she fell victim to a fraud scheme allegedly perpetrated by former executives of an Englewood-based medical ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The new insurance deal offers ...
Zynex shares are up ~100x since late 2016 as retail investors buy into a story of rapid revenue and earnings growth. However, we believe Zynex is dependent on an abusive pricing strategy - reselling ...
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