AeroVironment, Inc.

Passed

Class Action Period:
June 29, 2021 - December 07, 2021

Lead Plaintiff Deadline:
October 30, 2023

Case Form

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First Name

Last Name

Phone

Street Address

City

State

Zip

Shares Purchased

Purchase Date

Estimated Loss

The submission of this form does not create an attorney-client relationship.

Allegations

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.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of AeroVironment purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in AeroVironment during the relevant time frame, 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.