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DZS Inc. Faces Accounting Issues and Class Action Lawsuits
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Overview
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Investors are being urged to submit their losses in DZS Inc. due to the company's accounting issues and restatement of financial results. Law firms are reminding investors of the upcoming deadlines to participate in class action lawsuits against DZS. The lawsuits allege that DZS made false and misleading statements about its financial reporting and internal controls.
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How might the restatement of financial results impact DZS's future?
What are the potential consequences for DZS if found guilty in the class action lawsuits?
What specific accounting issues are at the heart of the lawsuits?
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