Avaya Holdings Corp.
Lowey Dannenberg, P.C., a national investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Avaya Holdings Corp. (NYSE: AVYA) (OTC: AVYAW) between November 22, 2021 and November 29, 2022, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Avaya investors under the federal securities laws. If you wish to serve as lead plaintiff, you must move the Court no later than March 6, 2023.
According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that:
- the Company’s internal control over financial reporting (“ICFR”) was deficient in several areas;
- as a result of these deficiencies, the Company had failed to design and maintain effective controls over its whistleblower policies and its ethics and compliance program;
- the Company’s deteriorating financial condition was likely to raise substantial doubt as to its ability to continue as a going concern; and
- as a result, the Company’s public statements were materially false and misleading at all relevant times.
About Lowey Dannenberg
Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.
If you suffered a loss on your investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below.
An attorney will contact you at no cost to provide you information about joining the action and answer your questions. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.