openPR Logo
Press release

Investigation announced for Long-Term Investors in shares of DZS Inc. (NASDAQ: DZSI) over potential Wrongdoing

10-05-2023 12:48 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in DZS Inc. (NASDAQ: DZSI) shares.

An investigation on behalf of current long term investors in DZS Inc. (NASDAQ: DZSI) shares.

An investigation was announced for long-term investors in shares of DZS Inc. (NASDAQ: DZSI) concerning potential breaches of fiduciary duties by certain directors of DZS Inc.

Investors who are current long term investors in DZS Inc. (NASDAQ: DZSI) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: DZSI stocks follows a lawsuit filed against DZS Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: DZSI stocks, concerns whether certain DZS Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Easter District of Texas the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose, among other things, that DZS' financial statements from March 31, 2023 to the present contained certain errors, that as a result, DZS would need to restate its previously filed quarterly financial statement for the period ending March 31, 2023, that the Company had ongoing undisclosed issues with its internal controls over financial reporting, and that 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.

Those who purchased shares of DZS Inc. (NASDAQ: DZSI) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Investigation announced for Long-Term Investors in shares of DZS Inc. (NASDAQ: DZSI) over potential Wrongdoing here

News-ID: 3235496 • Views:

More Releases from Shareholders Foundation

ALERT: Lawsuit filed for Investors who SOLD shares of Sina Corporation (formerly NASDAQ: SINA)
ALERT: Lawsuit filed for Investors who SOLD shares of Sina Corporation (formerly …
An investor, who sold shares of Sina Corporation (formerly NASDAQ: SINA) in the merger between Seina Corporation and TuSimple Holdings, Inc, filed a lawsuit over alleged violations of Federal Securities Laws by Sina Corporation (formerly NASDAQ: SINA in connection with certain allegedly false and misleading statements made. If you sold a significant amount of shares of Sina Corporation (formerly NASDAQ: SINA) between October 13, 2020 and March 22, 2021, you have
Lawsuit Alert: Investors who lost money with shares of Fluor Corporation (NYSE: FLR) should contact the Shareholders Foundation
Lawsuit Alert: Investors who lost money with shares of Fluor Corporation (NYSE: …
An investor, who purchased shares of Fluor Corporation (NYSE: FLR), filed a lawsuit alleged violations of Federal Securities Laws by Fluor Corporation in connection with certain allegedly false and misleading statements. Investors who purchased shares of Fluor Corporation (NYSE: FLR) have certain options and for certain investors are short and strict deadlines running. Deadline: November 14, 2025. NYSE: FLR investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779
Investigation announced for Long-Term Investors in shares of Sable Offshore Corp. (NYSE: SOC)
Investigation announced for Long-Term Investors in shares of Sable Offshore Corp …
An investigation was announced for long-term investors in shares of Sable Offshore Corp. (NYSE: SOC) concerning potential breaches of fiduciary duties by certain directors of Sable Offshore Corp. Investors who are current long term investors in Sable Offshore Corp. (NYSE: SOC) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm for current long term investors in
Lawsuit filed for Investors who lost money with shares of Lantheus Holdings, Inc. (NASDAQ: LNTH)
Lawsuit filed for Investors who lost money with shares of Lantheus Holdings, Inc …
An investor, who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH), filed a lawsuit over alleged violations of Federal Securities Laws by Lantheus Holdings, Inc. in connection with certain allegedly false and misleading statements. Investors who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH) have certain options and for certain investors are short and strict deadlines running. Deadline: November 10, 2025. NASDAQ: LNTH investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com

All 5 Releases


More Releases for DZS

1GPON Home Gateway Market Innovations and Key Players: Humax, Superelectron, Ser …
𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 𝐚𝐧𝐝 𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 The 1GPON Home Gateway Market is at the forefront of modern telecommunications, serving as a critical component in delivering high-speed internet connectivity to homes and businesses. With the surge in demand for seamless digital experiences, this market has garnered significant attention for its role in enabling robust broadband access. The relevance of the 1GPON technology lies in its ability to offer high data rates
Clinical Trial Management System Market 2023 Is growing Across the Globe surve i …
New exclusive research on Global Clinical Trial Management System Market 2023 presented by Fior Markets provides you with incredible industry-related details that have a significant impact on growth. The report has a unique, first-time market and competitive analysis of the size, segmentation, competition, trends, and outlook in the manufacturers operating in the Clinical Trial Management System market. The report showcases an in-depth analysis of the global Clinical Trial Management System
Deadline on August 14th coming up in Lawsuit filed for Investors in DZS Inc. (NA …
The Shareholders Foundation announced that a deadline is coming up on August 14, 2023 in the lawsuit filed for certain investors of DZS Inc. (NASDAQ: DZSI) over alleged securities laws violations by DZS Inc. Investors who purchased shares of DZS Inc. (NASDAQ: DZSI) have certain options and there are strict and short deadlines running. Deadline: August 14, 2023. NASDAQ: DZSI stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call
Lawsuit filed for Investors who lost money with shares of DZS Inc. (NASDAQ: DZSI …
An investor, who purchased shares of DZS Inc. (NASDAQ: DZSI), filed a lawsuit over alleged violations of Federal Securities Laws by DZS Inc. in connection with certain allegedly false and misleading statements. Investors who purchased shares of DZS Inc. (NASDAQ: DZSI) have certain options and for certain investors are short and strict deadlines running. Deadline: August 14, 2023. NASDAQ: DZSI investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858)
Lawsuit filed for Investors in shares of DZS Inc. (NASDAQ: DZSI) over alleged se …
An investor, who purchased shares of DZS Inc. (NASDAQ: DZSI), filed a lawsuit over alleged violations of Federal Securities Laws by DZS Inc. in connection with certain allegedly false and misleading statements. Investors who purchased shares of DZS Inc. (NASDAQ: DZSI) have certain options and for certain investors are short and strict deadlines running. Deadline: August 14, 2023. NASDAQ: DZSI investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858)
Investigation announced for Investors who lost money with shares of DZS Inc. (NA …
An investigation was announced for investors of DZS Inc. (NASDAQ: DZSI) shares over potential securities laws violations by DZS Inc. Investors who purchased shares of DZS Inc. (NASDAQ: DZSI), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of DZS Inc. (NASDAQ: DZSI) concerning whether a series