ATLANTA, GA – – (ACCESSWIRE – January 4, 2023) – – Holzer & Holzer, LLC informs investors that a class action lawsuit has been filed against Avaya Holdings Corp. (“Avaya” or the “Company”) (NYSE: AVYA). The lawsuit alleges Avaya made materially false and misleading statements and/or failed to disclose material adverse facts about the Company’s business, operations, and prospects, including: (i) the Company’s internal control over financial reporting was deficient in several areas; (ii) as a result of these deficiencies, Avaya failed to design and maintain effective controls over its whistleblower policies and its ethics and compliance program; and (iii) the Company’s deteriorating financial condition was likely to raise substantial doubt as to its ability to continue.
If you bought shares of Avaya between November 22, 2021 and November 29, 2022, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at firstname.lastname@example.org or Joshua Karr, Esq. at email@example.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at https://holzerlaw.com/case/avaya/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is March 6, 2023.
Lead Plaintiff Deadline Has Passed
March 6, 2023