If you suffered losses in AeroVironment contact AeroVironment stock loss lawyer Timothy L. Miles about an AeroVironment lawsuit
Everything You Need to Know about the AeroVironment Class Action Lawsuit
The AeroVironment class action lawsuit seeks to represent purchasers or acquirers of AeroVironment, Inc. (NASDAQ: AVAV) securities between June 29, 2021 and December 7, 2021, inclusive (the “Class Period”). Captioned Bissing v. AeroVironment, Inc., No. 23-cv-01160 (E.D. Va.), the AeroVironment class action lawsuit charges AeroVironment and certain of its top executive officers with violations of the Securities Exchange Act of 1934. If you suffered losses in AeroVironmentstock and wish to serve as lead plaintiff in the AeroVironmentclass action lawsuit, please provide your information below. You can also contact AeroVironment Stock Loss Lawyer Timothy L. Miles by calling 855/846-6529 or via e-mail at [email protected] or by submitting a contact form. Lead plaintiff motions for the AeroVironmentclass action lawsuit must be filed with the court no later than October 30, 2023.
Allegations in the AeroVironment Class Action Lawsuit
AeroVironment designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services.
The AeroVironment class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that defendants created the false impression that they possessed reliable information pertaining to AeroVironment’s projected growth and record backlog and also minimized any risk from COVID-19, specifically explaining that AeroVironment was monitoring supply chain issues and affirmed their backlog would provide a basis for strong growth. As a result, the AeroVironment class action lawsuit alleges that AeroVironment misled investors by providing the public with materially flawed revenue guidance for fiscal year 2022.
The AeroVironment class action lawsuit further alleges that on December 7, 2021, AeroVironment announced second quarter 2022 financial results and reduced full year guidance for fiscal year 2022. Specifically, the AeroVironment class action lawsuit alleges that AeroVironment blamed the reduction in guidance on “[t]he negative impact from supply chain delays, extended procurement cycles due to the global COVID-19 pandemic, slower decision making in Washington tied to Continuing Resolution related budget uncertainties and staffing shortages.” The AeroVironment class action lawsuit alleges that on this news, the price of AeroVironment stock fell more than 27%.
WHAT IS THE LEAD PLAINTIFF PROCESS IN THE AeroVironment class action lawsuit?
If you suffered losses in AeroVironment stock, call an AeroVironment
Stock Loss Lawyer about a class action against AeroVironment
A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the securities class action lawsuit. An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff. If you suffered losses inAeroVironment stock and have further questions, contact AeroVironment stock loss Lawyer Timothy L. Miles today who will fight to recover your damages in an AeroVironment lawsuit if you suffered losses in AeroVironment stock.
Can a Non-U.S. Investor Serve as Lead Plaintiff in the AeroVironment Class action lawsuit if they suffered losses in AeroVironment stock stock?
If I Suffered Losses in AeroVironment Stock, What Are the Benefits of Serving as Lead Plaintiff in the AeroVironment class action lawsuit?
Serving as a Lead Plaintiff in the AeroVironment stock lawsuit has several advantages and important benefits including:
A Lead Plaintiff is able to negotiate more competitive attorney fees and reduce other litigation costs by actively monitoring the class counsel.
Lead Plaintiff has the benefit of being able to manage the litigation primarily by overseeing and monitoring the progress of the action and the efforts of counsel, and being able to review and comment on important filings and other documents pertaining to the prosecution of the action.
There is no financial risk in serving as a Lead Plaintiff because Lead Counsel advances all costs and expenses incurred it the prosecution of the case and will be reimbursed only if there is a successful settlement or judgment recovery on behalf of the class.
Lead Plaintiff has the benefit involved and active in all negotiations relating to any settlement.
Lead Plaintiffs that continue owning the stock of the defendant will enjoy the long-term benefits from governance reform resulting from the litigation.
Thus, there are numerous benefits and other advantages to serving as lead plaintiff in a class action against AeroVironment stock if you suffered losses in AeroVironment stock.
Can I Be Appointed Lead Plaintiff in the AeroVironment Class Action Lawsuit if I Purchased Shares Outside of the Class Period?
Will the Lead Plaintiffs Get More Money than Class Members if the AeroVironment Class Action Lawsuit settles?
No, but they may be entitled to recover their reasonable expenses incurred with are directly related to representing the class in the class action against AeroVironment. Under the Private Securities Litigation Reform Act of 1995, a Lead Plaintiff is only entitled to his or her pro rata share of any recovery and does not receive any additional money for serving as a representative party on behalf of the class. However, a court, in its discretion, may approve an award of “reasonable costs and expenses (including lost wages)” to a Lead Plaintiff which directly relates to the representation of the class in the AeroVironmentlawsuit on behalf of investors who suffered losses in AeroVironmentstock.
Can I Be Lead Plaintiff in the Class Action Against AeroVironment if I am Lead Plaintiff in Another Case?
Yes, unless you have been a lead plaintiff in more than five securities class actions during any three-year period which is expressly prohibited by the securities laws. Otherwise, if you suffered losses in AeroVironment s stock, you may move to be appointed lead plaintiff in the AeroVironmentLawsuit.
Can the Court Appoint More than One Lead Plaintiff in the AeroVironment Class Action Lawsuit?
How Was the Class Period Determined in the AeroVironment class action lawsuit?
In a securities fraud class action, the class period refers to a period of time in which it is alleged the price of the company’s stock was artificially inflated due to false and misleading statements made by company executives. The class period starts when the company makes an untrue statement of material fact about the company or fails to disclose a material fact necessary to render other statements not misleading. The class period ends when the truth is revealed to the investing public through a corrective disclosure.
In order to be a part of the class in the AeroVironmentclass action lawsuit, you must have suffered losses in AeroVironment stock by purchasing during the class period when it is alleged the price of the stock was artificially inflated to be included in the class action against AeroVironment.
How Can an AeroVironment Stock Loss Lawyer Help Me if I Suffered Losses in AeroVironment Stock?
An AeroVironmentstock loss Lawyer is well-versed in the complex laws that govern the securities industry and litigation and focuses on representing individual investors or funds who have been the victims of fraud or who have disputes with investment professionals. Ordinary individual investors, including civil servants, teachers, nurses, and retirees, may need a securities lawyer. In most cases, if they have lost money due to mistakes, incompetence, or fraud by an investment professional. While FINRA, the SEC, and state securities regulators serve a vital role in protecting investors, they simply have too many individuals, firms, and market transactions to monitor to discover every act of fraud or negligence. Individual investors should consult with a securities lawyer if they have lost money due to fraud or stockbroker misconduct. Look for a securities lawyer with experience, high ethical standards, verifiable credentials, and a trustworthy reputation among his peers and the judiciary, as well as testimonials from previous clients and awards and recognitions.
Call an AeroVironment stock loss Lawyer today if you suffered losses in AeroVironmentstock about the AeroVironment class action lawsuit who will fight to recover your suffered losses in AeroVironment stock and make sure the proper steps are taken to protect your investment losses.
How Do I Know if I am a Member of the Class in the AeroVironment Class Action Lawsuit?
If I Suffered Losses in AeroVironment Stock, How Much Can I Get Out of the AeroVironment Class Action Lawsuit?
In a securities fraud class action lawsuit, the plaintiff’s damages are typically calculated as out-of-pocket losses. These losses are expressed as the difference between the price at which the stock was sold and the price at which the stock would have been sold absent any artificial inflation caused by the defendant’s alleged misrepresentations or omissions which is why you suffered losses in AeroVironment stock. Contact an AeroVironment stock loss lawyer who can explain your losses in greater detail if you suffered losses in AeroVironment stock.
What if I Miss the Lead Plaintiff Deadline in AeroVironment Class Action Lawsuit?
If you purchased shares during the class period and suffered losses in suffered losses in AeroVironment stock, then you will automatically be a class member and entitled to share in any potential settlement or recovery. Your ability to be a class member and recover your losses is not dependent on you serving as a lead plaintiff. The sixty-day deadline applies only to those shareholders seeking to be a lead plaintiff in the AeroVironments stock class action lawsuit.
If I Suffered Losses in suffered losses in AeroVironment stock, when can I expect to Receive My Payment if the AEROVIRONMENT CLASS ACTION LAWSUIT Settles?
If there is a settlement in the AeroVironment lawsuit, you should receive a court ordered Notice through the mail which will provide a date when the court will hold a final hearing to decide if it will approve the settlement. If your address changed, you may also find lawsuits through sites such as Consumer Action and ClassAction.org along with instructions on how to submit a claim. The Notice will instruct you what you need to do to file a claim. In some class action settlements, you are automatically submitted and need to do nothing further. However, in others, you may be required to submit more information to proceed such as documentation proving your purchase, such as a receipt or brokerage slip or other evidence that you bought or sold AeroVironment stock during the class period and suffered losses in AeroVironment stock.
The court will hold a final hearing in the class action against AeroVironment on a date provided in the Notice to decide whether to finally approve the settlement. If the Court finally approves the settlement, and there are no objections or appeals, settlement payments will be mailed to all Participating Class Members within a few months. However, if there are objections or appeals, resolving them can take a significant amount of time, perhaps more than a year to resolve the AeroVironment lawsuit.
If there Is a Settlement in the AeroVironment Class Action Lawsuit, and I Do Not think it is Fair, what Are My Options as a Class Member?
If you receive a notice that the AeroVironmentclass action lawsuit has been settled and you do not believe the settlement is fair but do not want to opt-out and file your own lawsuit, you may object to the settlement. You may object to any part of the settlement and the Court will consider all timely filed objections in the class action against AeroVironment. The notice will contain the date when any objections must be filed and include instructions on where to send your objection and include a date for the final hearing in the AeroVironment class action lawsuit if you would like to appear and be heard by the court in the class action against AeroVironment.
How Much Does it Cost to Hire an AeroVironment Stock Loss Lawyer if I Suffered Losses in AeroVironment Stock?
If you suffered losses in AeroVironment stock and are a member of the class, it does not cost anything to hire an AeroVironment stock loss lawyer. Our firm litigates securities fraud cases on a contingent fee basis, so plaintiffs and the class do not pay attorneys’ fees or court costs unless there is a recovery, and the attorney fees and cost are awarded by the court as a percentage of the total recovery for the class. So, contact an AeroVironment stock loss lawyer today if you suffered losses in AeroVironment stock about an AeroVironment class action lawsuit.
Contact an AeroVironment Stock Loss Lawyer Today if You Suffered losses in AeroVironment Stock About an AeroVironment Class Action Lawsuit
If you suffered losses in AeroVironment stock, contactAeroVironment stock loss lawyer Timothy L. Miles today for a free case evaluation about a class action against AeroVironment. Call today and see what an AeroVironment stock loss lawyer can do for you if you suffered losses in AeroVironment stock.
aerovironment CLASS ACTION LAWSUIT
Contact an Aerovironmentstock loss lawyer today by completing the form below if you suffered losses in Aerovironmentstock about a class action against Aerovironment.
AEROVIRONMENT STOCK LOSS LAWYER TIMOTHY L. MILES (855) TIM-M-LAW (855/846-6529)
ATTENTION aerovironment SHAREHOLDERS: NOTICE OF LEAD PLAINTIFF DEADLINE in aeroVIRONMENT class action lawsuit
Motions for the appointment of lead plaintiff must be filed no later than October 30, 2023. If you suffered losses in AeroVironment stock and would like to move to be appointed lead plaintiff or would just like additional information, please contact AeroVironmentstock loss lawyer Timothy L. Miles for a free, no obligation, case evaluation.
AEROVIRONMENT CLASS ACTION LAWSUIT AEROVIRONMENTSTOCK LOSS LAWYER
Timothy L. Miles [email protected] 855/846-6529 Contact AeroVironmentstock loss lawyer Timothy L. Miles for a free case evaluation about an AeroVironmentlawsuit if you suffered damages in AeroVironmentstock.
ATTENTION: AEROVIRONMENT SHAREHOLDERS
If you suffered losses in AeroVironment stock contact AeroVironmentstock loss lawyer Timothy L. Miles today about a class action against AeroVironment.
CONTACT The Law Offices of Timothy L. Miles Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846-6529 Email: [email protected] HOURS OF OPERATION Mon-Fri: 24/7 Sat-Sun: 24/7
An invitation-only professional organization composed of and limited to the Top 25 attorneys from each state or region who serve individuals and families who need attorneys to represent them in the American legal system regarding Class Action claims.
Copyright 2023. All Rights Reserved by Timothy L. Miles.