Avaya Holdings Corp Investors: Company Investigated by the Portnoy Law Firm
News provided byPortnoy Law
Jan 24, 2023, 11:23 PM ET
Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Jan. 24, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Avaya Holdings Corp ("Avaya" or "the Company") (NYSE: AVYA) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Avaya investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: firstname.lastname@example.org, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The investigation focuses on whether the Company misled investors concerning its internal controls, on November 30, 2022 the Company reported that Avaya had determined that deficiencies the management had been reviewing represent material weaknesses in the company’s internal control over financial reporting. Specifically the Company noted deficiencies in its whistleblower log and whistleblower policy.
On this news the Company’s shares fell during intraday trading.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar