{"id":765764,"date":"2023-06-23T13:48:02","date_gmt":"2023-06-23T17:48:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/dzsi-lawsuit-alert-levi-korsinsky-notifies-dzs-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\/"},"modified":"2023-06-23T13:48:02","modified_gmt":"2023-06-23T17:48:02","slug":"dzsi-lawsuit-alert-levi-korsinsky-notifies-dzs-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dzsi-lawsuit-alert-levi-korsinsky-notifies-dzs-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\/","title":{"rendered":"DZSI\u00a0LAWSUIT ALERT: Levi &amp;\u00a0Korsinsky Notifies DZS Inc.\u00a0Investors of a Class Action Lawsuit and Upcoming Deadline"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, June  23, 2023  (GLOBE NEWSWIRE) &#8212; Levi &amp; Korsinsky, LLP notifies investors in <strong>DZS Inc.<\/strong> (&#8220;DZS&#8221; or the &#8220;Company&#8221;) (NASDAQ: DZSI) of a class action securities lawsuit.<\/p>\n<p>\n        <strong>CLASS DEFINITION: <\/strong>The lawsuit seeks to recover losses on behalf of DZS investors who were adversely affected by alleged securities fraud between March 10, 2023 and May 31, 2023. Follow the link below to get more information and be contacted by a member of our team:<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/zlk.com\/pslra-1\/dzs-lawsuit-submission-form?prid=41242&amp;wire=3\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/zlk.com\/pslra-1\/dzs-lawsuit-submission-form?prid=41242&amp;wire=3<\/a>\n      <\/p>\n<p>\n        <strong>DZSI<\/strong> investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500.<\/p>\n<p>\n        <strong>CASE DETAILS: <\/strong>The filed complaint alleges that defendants made false statements and\/or concealed that: (1) DZS\u2019 financial statements from March 31, 2023 to the present included 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\u2019 statements about its business, operations, and prospects, were materially false and misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n<p>\n        <strong>WHAT&#8217;S NEXT? <\/strong>If you suffered a loss in DZS during the relevant time frame, you have until <strong>August 14, 2023<\/strong>\u00a0to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/p>\n<p>\n        <strong>NO COST TO YOU: <\/strong>If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. <strong>There is no cost or obligation to participate.<\/strong><\/p>\n<p>\n        <strong>WHY LEVI &amp; KORSINSKY: <\/strong>Over the past 20 years, the team at Levi &amp; Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi &amp; Korsinsky has ranked in ISS Securities Class Action Services\u2019 Top 50 Report as one of the top securities litigation firms in the United States.<\/p>\n<p>\n        <strong>CONTACT:<\/strong><br \/>\n        <br \/>Levi &amp; Korsinsky, LLP <br \/>Joseph E. Levi, Esq.<br \/>Ed Korsinsky, Esq.<br \/>55 Broadway, 4th Floor Suite #427<br \/>New York, NY 10006<br \/>jlevi@levikorsinsky.com<br \/>Tel: (212) 363-7500<br \/>Fax: (212) 363-7171<br \/>www.zlk.com<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2MzY4MCM1NjYyNDU4IzIwMjA0MjY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/YmYyNTAwOTMtYjIxZi00NTNiLWJjMTEtNTIwYTI1YjM3ZjNjLTEwMzIyOTM=\/tiny\/Levi-Korsinsky-LLP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, June 23, 2023 (GLOBE NEWSWIRE) &#8212; Levi &amp; Korsinsky, LLP notifies investors in DZS Inc. (&#8220;DZS&#8221; or the &#8220;Company&#8221;) (NASDAQ: DZSI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of DZS investors who were adversely affected by alleged securities fraud between March 10, 2023 and May 31, 2023. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/dzs-lawsuit-submission-form?prid=41242&amp;wire=3 DZSI investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and\/or concealed that: (1) DZS\u2019 financial statements from March 31, 2023 to the present included certain &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dzsi-lawsuit-alert-levi-korsinsky-notifies-dzs-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;DZSI\u00a0LAWSUIT ALERT: Levi &amp;\u00a0Korsinsky Notifies DZS Inc.\u00a0Investors of a Class Action Lawsuit and Upcoming Deadline&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-765764","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DZSI\u00a0LAWSUIT ALERT: Levi &amp;\u00a0Korsinsky Notifies DZS Inc.\u00a0Investors of a Class Action Lawsuit and Upcoming Deadline - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dzsi-lawsuit-alert-levi-korsinsky-notifies-dzs-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DZSI\u00a0LAWSUIT ALERT: Levi &amp;\u00a0Korsinsky Notifies DZS Inc.\u00a0Investors of a Class Action Lawsuit and Upcoming Deadline - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, June 23, 2023 (GLOBE NEWSWIRE) &#8212; Levi &amp; Korsinsky, LLP notifies investors in DZS Inc. (&#8220;DZS&#8221; or the &#8220;Company&#8221;) (NASDAQ: DZSI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of DZS investors who were adversely affected by alleged securities fraud between March 10, 2023 and May 31, 2023. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/dzs-lawsuit-submission-form?prid=41242&amp;wire=3 DZSI investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and\/or concealed that: (1) DZS\u2019 financial statements from March 31, 2023 to the present included certain &hellip; Continue reading &quot;DZSI\u00a0LAWSUIT ALERT: Levi &amp;\u00a0Korsinsky Notifies DZS Inc.\u00a0Investors of a Class Action Lawsuit and Upcoming Deadline&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/dzsi-lawsuit-alert-levi-korsinsky-notifies-dzs-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-23T17:48:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2MzY4MCM1NjYyNDU4IzIwMjA0MjY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dzsi-lawsuit-alert-levi-korsinsky-notifies-dzs-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dzsi-lawsuit-alert-levi-korsinsky-notifies-dzs-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"DZSI\u00a0LAWSUIT ALERT: Levi &amp;\u00a0Korsinsky Notifies DZS Inc.\u00a0Investors of a Class Action Lawsuit and Upcoming Deadline\",\"datePublished\":\"2023-06-23T17:48:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dzsi-lawsuit-alert-levi-korsinsky-notifies-dzs-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\\\/\"},\"wordCount\":389,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dzsi-lawsuit-alert-levi-korsinsky-notifies-dzs-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODg2MzY4MCM1NjYyNDU4IzIwMjA0MjY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dzsi-lawsuit-alert-levi-korsinsky-notifies-dzs-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dzsi-lawsuit-alert-levi-korsinsky-notifies-dzs-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\\\/\",\"name\":\"DZSI\u00a0LAWSUIT ALERT: Levi &amp;\u00a0Korsinsky Notifies DZS Inc.\u00a0Investors of a Class Action Lawsuit and Upcoming Deadline - 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(&#8220;DZS&#8221; or the &#8220;Company&#8221;) (NASDAQ: DZSI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of DZS investors who were adversely affected by alleged securities fraud between March 10, 2023 and May 31, 2023. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/dzs-lawsuit-submission-form?prid=41242&amp;wire=3 DZSI investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and\/or concealed that: (1) DZS\u2019 financial statements from March 31, 2023 to the present included certain &hellip; Continue reading \"DZSI\u00a0LAWSUIT ALERT: Levi &amp;\u00a0Korsinsky Notifies DZS Inc.\u00a0Investors of a Class Action Lawsuit and Upcoming Deadline\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/dzsi-lawsuit-alert-levi-korsinsky-notifies-dzs-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\/","og_site_name":"Market Newsdesk","article_published_time":"2023-06-23T17:48:02+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2MzY4MCM1NjYyNDU4IzIwMjA0MjY=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/dzsi-lawsuit-alert-levi-korsinsky-notifies-dzs-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/dzsi-lawsuit-alert-levi-korsinsky-notifies-dzs-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"DZSI\u00a0LAWSUIT ALERT: Levi &amp;\u00a0Korsinsky Notifies DZS Inc.\u00a0Investors of a Class Action Lawsuit and Upcoming Deadline","datePublished":"2023-06-23T17:48:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/dzsi-lawsuit-alert-levi-korsinsky-notifies-dzs-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\/"},"wordCount":389,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/dzsi-lawsuit-alert-levi-korsinsky-notifies-dzs-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2MzY4MCM1NjYyNDU4IzIwMjA0MjY=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/dzsi-lawsuit-alert-levi-korsinsky-notifies-dzs-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/dzsi-lawsuit-alert-levi-korsinsky-notifies-dzs-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\/","name":"DZSI\u00a0LAWSUIT ALERT: Levi &amp;\u00a0Korsinsky Notifies DZS Inc.\u00a0Investors of a Class Action Lawsuit and Upcoming Deadline - 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