Class Action Reports

AVYA Class Action: Learn About the Avaya Lawsuit

Levi & Korsinsky, LLP

January 9, 2023

Levi & Korsinsky, LLP announces that an AVYA class action lawsuit has been filed on behalf of investors who purchased Avaya Holdings Corp.(AVYA) securities between November 22, 2021, and November 29, 2022. For more on the AVYA Lawsuit please contact us today.

 

 

 

According to the Avaya lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company’s internal control over financial reporting was deficient in several areas; (ii) 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; (iii) the Company’s deteriorating financial condition was likely to raise substantial doubt as to its ability to continue as a going concern; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE AVYA CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Avaya you have until March 6, 2023, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com