{"id":16390,"date":"2026-06-04T21:00:00","date_gmt":"2026-06-04T19:00:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=987d580f0c51f954d07d6f8f7574f898"},"modified":"2026-06-04T21:00:00","modified_gmt":"2026-06-04T19:00:00","slug":"deadline-alert-aerovironment-inc-avav-shareholders-who-lost-money-urged-to-contact-glancy-prongay-wolke-rotter-llp-about-securities-fraud-lawsuit","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=16390","title":{"rendered":"Deadline Alert: AeroVironment, Inc. (AVAV) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit"},"content":{"rendered":"

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP<\/a> reminds investors of the upcoming July 27, 2026 <\/b>deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired AeroVironment, Inc. (\u201cAeroVironment\u201d or the \u201cCompany\u201d) (NASDAQ: AVAV<\/a>) securities between June 25, 2025 and March 10, 2026<\/b>, inclusive (the \u201cClass Period\u201d).<\/p><\/a><\/a>

\nIF YOU SUFFERED A LOSS ON YOUR AEROVIRONMENT INVESTMENTS, CLICK <\/b>HERE<\/b><\/a> TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.<\/b><\/p>

\nWhat Happened?<\/b><\/p>

\nOn January 20, 2026, AeroVironment disclosed that the US government had issued a stop work order on the Company\u2019s agreement to deliver BADGER phased array antenna systems to the US Space Force\u2019s SCAR program. The Company stated the stop work order \u201callows for the parties to negotiate an amended agreement for the future of the SCAR program\u201d and that \u201c[t]he Company expects to continue to deliver capabilities and products for the SCAR program.\u201d<\/p>

\nOn this news, AeroVironment\u2019s stock price fell $61.97, or 15.8%, to close at $330.89 per share on January 20, 2026, thereby injuring investors.<\/p>

\nThen, on March 2, 2026, Space News <\/i>reported that the US Space Force was reopening the SCAR program and \u201creassessing how to move forward.\u201d<\/p>

\nOn this news, AeroVironment\u2019s stock price fell $43.93, or 17.4%, to close at $208.32 per share on March 2, 2026.<\/p>

\nThen, on March 10, 2026, AeroVironment released its third quarter fiscal 2026 financial results, reporting an operating loss of $179 million, compared to $3.1 million the previous year. The results reflected the impact of a $151.3 million goodwill impairment after the stop work order on the BADGER systems. The Company also revealed that the US Space Force had terminated the Company\u2019s contract for the SCAR program and, as a result, it would have to \u201crecompete\u201d for the program.<\/p>

\nOn this news, AeroVironment\u2019s stock price fell $13.84, or 6.2%, to close at $207.73 per share on March 11, 2026.<\/p>

\nThen, on March 31, 2026, the US Space Force announced its decision to diversify suppliers and rely on less costly commercial, off-the-shelf solutions in connection with its work to upgrade the Satellite Control Network (\u201cSCN\u201d), instead of pursuing another single-vendor bespoke solution.<\/p>

\nWhat Is The Lawsuit About?<\/b><\/p>

\nThe complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force\u2019s ongoing efforts to modernize the SCN; (2) accordingly, Defendants overstated AeroVironment\u2019s business and financial prospects; and (3) as a result, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>

\nIf you purchased or otherwise acquired AeroVironment securities during the Class Period, you may move the Court no later than July 27, 2026 <\/b>to request appointment as lead plaintiff in this putative class action lawsuit.<\/p>

\nContact Us To Participate or Learn More:<\/b><\/p>

\nIf you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:\nCharles Linehan, Esq.,\nGlancy Prongay Wolke & Rotter LLP,\n1925 Century Park East, Suite 2100,\nLos Angeles California 90067\nEmail: shareholders@glancylaw.com<\/a>Telephone: 310-201-9150,\nToll-Free: 888-773-9224\nVisit our website at www.glancylaw.com<\/a>.\nFollow us for updates on LinkedIn<\/a>, Twitter<\/a>, or Facebook<\/a>.<\/p>

\nIf you inquire by email, please include your mailing address, telephone number and number of shares purchased.<\/p>

\nTo be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p> Contacts<\/b>

\nGlancy Prongay Wolke & Rotter LLP,\n1925 Century Park East, Suite 2100\nLos Angeles, CA 90067\nCharles Linehan<\/b>Email: shareholders@glancylaw.com<\/a>Telephone: 310-201-9150\nToll-Free: 888-773-9224\nVisit our website at: www.glancylaw.com<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming July 27, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired AeroVironm…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16390","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/16390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16390"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/16390\/revisions"}],"predecessor-version":[{"id":16391,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/16390\/revisions\/16391"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}