AVAV - AeroVironment Inc. Class Action Alert: Robbins LLP Reminds Shareholders of Lead Plaintiff Deadline in AeroVironment Inc. (AVAV) Class Action | Benzinga
SAN DIEGO, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of investors who purchased or otherwise acquired AeroVironment, Inc. (NASDAQ:AVAV) securities between June 29, 2021 and December 7, 2021. AeroVironment designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the U.S. and internationally.
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What is this Case About: AeroVironment, Inc. (AVAV) Misled Investors by Providing the Public with Materially Flawed Revenue Guidance for Fiscal 2022
According to the complaint, defendants touted AeroVironment's business prospects and provided investors with material information concerning the Company's expected revenue for the fiscal year 2022. However, at the same time, defendants concealed material adverse facts concerning procurement ...
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