DZS Inc. (DZSI) Class Action Lawsuit Filed by Holzer & Holzer, LLC on Behalf of Investors – Nationally Ranked Investors’ Rights Firm Encourages Investors With Losses to Contact the Firm
ATLANTA, Aug. 09, 2023 (GLOBE NEWSWIRE) — Holzer & Holzer, LLC reminds investors that it has filed a class action lawsuit against DZS Inc. (“DZS,” or the “Company”) (NASDAQ: DZSI). The lawsuit alleges DZS made materially false and/or misleading statements and/or failed to disclose material adverse facts, including: (1) DZS’ financial statements from March 31, 2023 to the present contained certain errors; (2) as a result, DZS would need to restate its previously filed quarterly financial statement for the period ending March 31, 2023; (3) the Company had ongoing undisclosed issues with its internal controls over financial reporting; and (4) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
If you bought shares of DZS between March 10, 2023 and May 31, 2023, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. [email protected] or Joshua Karr, Esq. at [email protected], by toll-free telephone at (888) 508-6832 or you may visit the firm’s website www.holzerlaw.com/case/dzs/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is August 14, 2023.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021 and 2022, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
[email protected]
