{"id":766732,"date":"2023-06-28T12:04:43","date_gmt":"2023-06-28T16:04:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/dzs-inc-dzsi-class-action-lawsuit-filed-by-holzer-holzer-llc-on-behalf-of-investors-nationally-ranked-investors-rights-firm-encourages-investors-with-significant-losses-to-contact\/"},"modified":"2023-06-28T12:04:43","modified_gmt":"2023-06-28T16:04:43","slug":"dzs-inc-dzsi-class-action-lawsuit-filed-by-holzer-holzer-llc-on-behalf-of-investors-nationally-ranked-investors-rights-firm-encourages-investors-with-significant-losses-to-contact","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dzs-inc-dzsi-class-action-lawsuit-filed-by-holzer-holzer-llc-on-behalf-of-investors-nationally-ranked-investors-rights-firm-encourages-investors-with-significant-losses-to-contact\/","title":{"rendered":"DZS Inc. (DZSI) Class Action Lawsuit Filed by Holzer &amp; Holzer, LLC on Behalf of Investors &#8211; Nationally Ranked Investors\u2019 Rights Firm Encourages Investors With Significant Losses to Contact the Firm"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">ATLANTA, June  28, 2023  (GLOBE NEWSWIRE) &#8212; Holzer &amp; Holzer, LLC informs investors that it has filed a class action lawsuit against DZS Inc. (\u201cDZS,\u201d\u202for the \u201cCompany\u201d) (NASDAQ: DZSI). The lawsuit alleges DZS made materially false and\/or misleading statements and\/or failed to disclose material adverse facts, including: (1) DZS\u2019 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\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 align=\"justify\">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. <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=oFx8J4ff9TLrZP5q4fPc3AvVQA5Zq_dTlX0JSPTUOhjNaZlpS5LA7ReaxPg7We_uKcnqI6YYbt1xVmfuDgsAQ5eFAHvUgOhm7OBZV72NeWc=\" rel=\"nofollow noopener\" target=\"_blank\">cholzer@holzerlaw.com<\/a> or Joshua Karr, Esq. at\u202f<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=0hI4nFhjskZT_lVQT2jSmQTDJBeW4PsEBb8NhHwIGzhuoXy3nEysFvh-_r4bHJ1EU2kgVBNahj0oBp6bMSAU4e8-DiLFfHuI-8ap8z2nGtI=\" rel=\"nofollow noopener\" target=\"_blank\">jkarr@holzerlaw.com<\/a>, by toll-free telephone at (888) 508-6832 or you may visit the firm\u2019s website <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NhaZeBRLHpJ554t2azss_2U_wd1l961ZH0uxIEYBJiCr8DtavJE_pdp5QDcrjwYCoEkbtjZZZ7BaeKKrgaq43dssh1VGY8nSGNYEt41K3wZ3X-vF3EZ_jzk7Q8GCMpN7\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.holzerlaw.com\/case\/dzs\/<\/u><\/a> to learn more.<\/p>\n<p align=\"justify\">\n        <strong>The deadline to ask the court to be appointed lead plaintiff in the case is August 14, 2023. <\/strong>\n      <\/p>\n<p align=\"justify\">Holzer &amp; 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 &amp; Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct.\u202fMore information about the firm is available through its website,\u202f<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NhaZeBRLHpJ554t2azss_8jdgVXkDcMYEwC4hoAp4Vwu2y90ZYP4zNoVtPSOMnCLJcsWYHSJ-n6tmnz-cDT1bhrK2QcIlDB-y3C1Zd07PBE=\" rel=\"nofollow noopener\" target=\"_blank\">www.holzerlaw.com<\/a>,\u202fand upon request from the firm. Holzer &amp; Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.\u202f\u00a0<\/p>\n<p align=\"justify\">CONTACT:<br \/>Corey Holzer, Esq.<br \/>(888) 508-6832 (toll-free) <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=oFx8J4ff9TLrZP5q4fPc3AvVQA5Zq_dTlX0JSPTUOhikf7HXU64Y5V9_67TBS8_q2GBQtoAVC25_3oK6MAstfz1hZI4KWZWTiKuGVsR6NTY=\" rel=\"nofollow noopener\" target=\"_blank\">cholzer@holzerlaw.com<\/a><\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2NjM3NyM1NjY5OTYwIzIxODA3Njc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/ODNhYTYwNDEtZDc3Yi00NTYzLTk4NDYtOTUwZWE1ZmUzNjAzLTExOTIzMzY=\/tiny\/Holzer-Holzer.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ATLANTA, June 28, 2023 (GLOBE NEWSWIRE) &#8212; Holzer &amp; Holzer, LLC informs investors that it has filed a class action lawsuit against DZS Inc. (\u201cDZS,\u201d\u202for the \u201cCompany\u201d) (NASDAQ: DZSI). The lawsuit alleges DZS made materially false and\/or misleading statements and\/or failed to disclose material adverse facts, including: (1) DZS\u2019 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\u2019 statements about its business, operations, and prospects, were materially false and misleading and\/or lacked a reasonable basis &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dzs-inc-dzsi-class-action-lawsuit-filed-by-holzer-holzer-llc-on-behalf-of-investors-nationally-ranked-investors-rights-firm-encourages-investors-with-significant-losses-to-contact\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;DZS Inc. (DZSI) Class Action Lawsuit Filed by Holzer &amp; Holzer, LLC on Behalf of Investors &#8211; Nationally Ranked Investors\u2019 Rights Firm Encourages Investors With Significant Losses to Contact the Firm&#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-766732","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DZS Inc. (DZSI) Class Action Lawsuit Filed by Holzer &amp; Holzer, LLC on Behalf of Investors - Nationally Ranked Investors\u2019 Rights Firm Encourages Investors With Significant Losses to Contact the Firm - 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\/dzs-inc-dzsi-class-action-lawsuit-filed-by-holzer-holzer-llc-on-behalf-of-investors-nationally-ranked-investors-rights-firm-encourages-investors-with-significant-losses-to-contact\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DZS Inc. (DZSI) Class Action Lawsuit Filed by Holzer &amp; Holzer, LLC on Behalf of Investors - Nationally Ranked Investors\u2019 Rights Firm Encourages Investors With Significant Losses to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ATLANTA, June 28, 2023 (GLOBE NEWSWIRE) &#8212; Holzer &amp; Holzer, LLC informs investors that it has filed a class action lawsuit against DZS Inc. (\u201cDZS,\u201d\u202for the \u201cCompany\u201d) (NASDAQ: DZSI). The lawsuit alleges DZS made materially false and\/or misleading statements and\/or failed to disclose material adverse facts, including: (1) DZS\u2019 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\u2019 statements about its business, operations, and prospects, were materially false and misleading and\/or lacked a reasonable basis &hellip; Continue reading &quot;DZS Inc. 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(DZSI) Class Action Lawsuit Filed by Holzer &amp; Holzer, LLC on Behalf of Investors - Nationally Ranked Investors\u2019 Rights Firm Encourages Investors With Significant Losses to Contact the Firm - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/dzs-inc-dzsi-class-action-lawsuit-filed-by-holzer-holzer-llc-on-behalf-of-investors-nationally-ranked-investors-rights-firm-encourages-investors-with-significant-losses-to-contact\/","og_locale":"en_US","og_type":"article","og_title":"DZS Inc. (DZSI) Class Action Lawsuit Filed by Holzer &amp; Holzer, LLC on Behalf of Investors - Nationally Ranked Investors\u2019 Rights Firm Encourages Investors With Significant Losses to Contact the Firm - Market Newsdesk","og_description":"ATLANTA, June 28, 2023 (GLOBE NEWSWIRE) &#8212; Holzer &amp; Holzer, LLC informs investors that it has filed a class action lawsuit against DZS Inc. (\u201cDZS,\u201d\u202for the \u201cCompany\u201d) (NASDAQ: DZSI). The lawsuit alleges DZS made materially false and\/or misleading statements and\/or failed to disclose material adverse facts, including: (1) DZS\u2019 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\u2019 statements about its business, operations, and prospects, were materially false and misleading and\/or lacked a reasonable basis &hellip; Continue reading \"DZS Inc. (DZSI) Class Action Lawsuit Filed by Holzer &amp; Holzer, LLC on Behalf of Investors &#8211; Nationally Ranked Investors\u2019 Rights Firm Encourages Investors With Significant Losses to Contact the Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/dzs-inc-dzsi-class-action-lawsuit-filed-by-holzer-holzer-llc-on-behalf-of-investors-nationally-ranked-investors-rights-firm-encourages-investors-with-significant-losses-to-contact\/","og_site_name":"Market Newsdesk","article_published_time":"2023-06-28T16:04:43+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2NjM3NyM1NjY5OTYwIzIxODA3Njc=","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\/dzs-inc-dzsi-class-action-lawsuit-filed-by-holzer-holzer-llc-on-behalf-of-investors-nationally-ranked-investors-rights-firm-encourages-investors-with-significant-losses-to-contact\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/dzs-inc-dzsi-class-action-lawsuit-filed-by-holzer-holzer-llc-on-behalf-of-investors-nationally-ranked-investors-rights-firm-encourages-investors-with-significant-losses-to-contact\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"DZS Inc. 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