NEW YORK, Jan. 03, 2023 (GLOBE NEWSWIRE) — Pomerantz LLP announces that a class action lawsuit has been filed against Avaya Holdings Corp. AVYA, and certain officers. The class action, filed in the U.S. District Court for the Middle District of North Carolina and Filed at 23-cv-00003, is brought on behalf of a class consisting of all persons and entities, other than the defendants, holding securities of Avaya purchased or otherwise acquired between November 22, 2021 and November 29, 2022, both dates inclusive (the “Collection Period”), to recover damages caused by the Defendants’ violations of the federal securities laws and to seek remedies under to prosecute Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 enacted thereunder, against the Company and certain of its senior officers.

If you are a shareholder who has purchased or otherwise acquired Avaya securities, you have until March 6, 2023 to petition the court to appoint you as lead plaintiff in the class action. A copy of the complaint is available at www.pomerantzlaw.com. To discuss this promotion, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, ext. 7980. Persons inquiring by email are asked to provide their mailing address, telephone number and the number of shares purchased.

[Click here for information about joining the class action]

Avaya claims to be a “leading global provider of digital communications products, solutions and services to businesses of all sizes, offering its technology primarily through software and services”. The company claims that its “global, experienced team of professionals delivers award-winning services, from initial planning and design, through seamless implementation and integration, to ongoing managed operations, optimization, training and support.”

The lawsuit alleges that throughout the class period, the defendants made materially false and misleading statements regarding the…