Snapshot from Aug 24, 2026 at 07:00 UTC. For live data and tracking: View Live
Entities / Thomas Sandgaard / Zynex
founder, shareholder Processed

Thomas Sandgaard & Zynex

1 shared events · Importance 3 · Last updated Apr 21, 2026

Importance
3
Shared Events
1
Actions
0
Sentiment
0
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Relationship Summary

Thomas Sandgaard is the founder and former CEO of Zynex, who was removed from his executive and board roles in January 2026 following a federal indictment for healthcare and securities fraud, but retains a controlling ownership stake in the company.

Shared Events (1)
95
Business
Zynex Bankruptcy and Fraud Indictments
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.
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.
Feb 24, 2026 · 35 articles
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