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NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER. YOU MAY ALSO RETAIN COUNSEL OF YOUR CHOICE.
If you purchased Zynex securities between May 21, 2008 and March 31, 2009, inclusive, and wish to join the Zynex class action, or for further information please call Laurence Rosen, Esq. or Phillip Kim, Esq. toll-free at 866-767-3653 or email lrosen@rosenlegal.com or pkim@rosenlegal.com for information on the class action.
You can join the class action online at http://www.rosenlegal.com.
The Complaint charges Zynex, its CEO Sandgaard, and CFO Allison (the "Defendants") with violations of the federal securities laws in connection with Zynex's issuance of materially false financial statements to the investing public during the Class Period. On April 1, 2009 Zynex announced that its unaudited financial statements and press releases issued on results for the first three quarters of 2008 can no longer be relied upon and the Company would have to issue restated financial results to reflect adjustments to accounts receivable and net revenue for such periods. The Company announced that it believes the cumulative impact of these adjustments will be $5.1 million. This adverse news caused Zynex's stock price to fall dramatically, injuring Zynex shareholders.
The Rosen Law Firm represents investors throughout the United States, concentrating its practice in securities class actions and shareholder derivative litigation.
Attorney advertising. Prior results do not guarantee a similar outcome.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: The Rosen Law Firm PA PC
The Rosen Law Firm P.A.
Laurence Rosen, Esq.
lrosen@rosenlegal.com
Phillip Kim, Esq.
pkim@rosenlegal.com
(212) 686-1060
Weekends Tel: (917) 797-4425
Toll Free: 1-866--767-3653
Fax: (212) 202-3827
www.rosenlegal.com
350 5th Avenue, Suite 5508
New York, New York 10118
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