Expired
Lead Plaintiff Deadline
Oct 30, 2023
Choose your preferred way to stay informed of new case launches and settlement deadlines
The complaint alleges that on December 7, 2021, AeroVironment announced second quarter results below market estimates and reduced revenue guidance for the remainder of the fiscal year from a range of $560 million to $580 million to a range of $440 million to $460 million. AeroVironment also lowered its EBITDA guidance from $105 million to $110 million to $59 million to $65 million. On this news, AeroVironment’s stock declined the following day by nearly 30% to close at $57.98/share causing significant losses to shareholders at the time.
In order to be eligible to join the AVAV class action lawsuit, you must have incurred a loss on shares of AeroVironment purchased during the class period listed above.
If you suffered a loss in AeroVironment during the relevant time frame or pursuant to the relevant offering(s), you have until October 30, 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.
TOP
