INVESTOR RECAP: summary of THE AEROVIRONMENT CLASS ACTION LAWSUIT

If you suffered losses in AeroVironment contact AeroVironment stock loss lawyer Timothy L. Miles about an AeroVironment lawsuit

If you are a shareholder of AeroVironment, it is essential for you to stay updated on the recent developments regarding the AeroVironment class action lawsuit. This lawsuit has significant implications for your investment, and it is crucial to remain informed about the allegations made against the company. The AeroVironment class action lawsuit accuses the company of making false and misleading statements to its shareholders, leading to financial losses. As a shareholder, it is in your best interest to understand the details of this lawsuit and how it could potentially impact your investment.

The primary focus of the AeroVironment class action lawsuit revolves around allegations of misrepresentation by the company. It is claimed that AeroVironment provided false and misleading information to its shareholders, which resulted in financial losses for investors. The lawsuit alleges that the company made statements regarding its financial health, business operations, and future prospects that were not accurate, leading shareholders to make investment decisions based on false information. If these allegations are proven true, it could have serious consequences for AeroVironment and its shareholders.

Specifically, 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.

Additionally, 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%.


As a shareholder, it is crucial to pay attention to the developments of the AeroVironment class action lawsuit.  If successful, the outcome could have a significant impact on your investment in AeroVironment. It is important to understand the potential financial repercussions that may arise from this lawsuit and how it could affect the value of your shares. By staying informed about the progress of the case, you can make more informed decisions regarding your investment in AeroVironment.

In order to protect your investment, it may also be beneficial to consult with legal professionals who practice securities litigation. They can provide you with advice and guidance on how to navigate through this class action lawsuit and protect your interests as a shareholder. They can help you understand your rights as a shareholder and assist you in evaluating whether or not to participate in the AeroVironment class action lawsuit. ​

​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. ​​​​

One name that immediately pops up is nationally known and widely respected Nashville stock loss lawyer Timothy L.  Miles, who has valuable experience working on some of the nation's largest securities class actions and has received numerous awards, mostly due to his high ethical standards, including most recently being named a Top 25 Class action lawyer by the National Trial Lawyers Association, and has maintained an AV rating in securities litigation from Martindale-Hubble since 2014, a trusted legal rating service for over 130 years and was recently named a 2023 Elite Lawyer of the South by Martindale-Hubble for the fifth year in a row, and was a recipient of Avvo Client's Choice Award in 2021.  Therefore, you may start by contacting a trusted, well-respected and ethical securities lawyer such as Mr. Miles. ​

As a shareholder of AeroVironment, it is essential to closely monitor the developments surrounding the class action lawsuit. By staying informed about the allegations made against the company and understanding how they could impact your investment, you can make more informed decisions about your shares. Additionally, consulting with legal professionals can provide you with valuable guidance on protecting your interests throughout this process. Do not overlook the importance of staying informed and taking appropriate action as necessary.

As a reminder,  Lead plaintiff motions for the AeroVironment class action lawsuit must be filed with the court no later than October 30, 2023. If you suffered losses in AeroVironment stock, contact AeroVironment 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 stock loss lawyer Timothy L. Miles

Nashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing  shareholders, employees,  and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors,shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association,​Class Action:  Class Action: Top 9National Trial Lawyers, National Trial Lawyers Association (2023), a superb ratedattorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM  (2019-2022); America’s Most Honored Lawyers 2020 – Top 1% by America’s Most Honored (2020-2022).  Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more.  Please visit our website or call for free anytime.

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]