New Zynex Leaders Acknowledge Fraud Arrests Of Ex-Execs

By Vince Sullivan · January 23, 2026, 6:00 PM EST

Corporate leaders of bankrupt medical device maker Zynex Inc. said that they were aware of the federal arrests and indictments of the company's former CEO and chief operating officer earlier in...

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Case Information

Case Title

Zynex, Inc.

Case Number

4:25-bk-90810

Court

Texas Southern

Nature of Suit

Date Filed

December 15, 2025

Case Title

USA v. Thomas Sandgaard, et al.

Case Number

1:26-cr-00005

Court

Rhode Island

Nature of Suit

Date Filed

January 14, 2026