Investigation announced for Investors who lost money with shares of AeroVironment, Inc. (NASDAQ: AVAV)

An investigation was announced over potential securities laws violations by AeroVironment, Inc. in connection with certain financial statements.

Investors who purchased shares of AeroVironment, Inc. (NASDAQ: AVAV), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of AeroVironment, Inc. (NASDAQ: AVAV) concerning whether certain statements by AeroVironment, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

AeroVironment, Inc. designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally.

On December 7, 2021, AeroVironment, Inc. 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.

Shares of AeroVironment, Inc. (NASDAQ: AVAV) declined from $96.12 per share on November 05, 2021, to $53.50 per share on December 07, 2021.

Those who purchased shares of AeroVironment, Inc. (NASDAQ: AVAV) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.