SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in DZS Inc. of Class Action Lawsuit and Upcoming Deadline - DZSI

NEW YORK, Aug. 4, 2023 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against DZS Inc. ("DZS" or the "Company") (NASDAQ: DZSI), and certain officers. The class action, filed in the United States District Court for the Eastern District of Texas, Sherman Division, and docketed under 23-cv-00603, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired publicly traded DZS securities between March 10, 2023 and May 31, 2023, inclusive (the "Class Period"). Plaintiff seeks to recover compensable damages caused by Defendants' violations of the federal securities laws under the Securities Exchange Act of 1934 ("Exchange Act").

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