The law firm of Kirby McInerney LLP is investigating potential claims against Aviat Networks, Inc. (โAviatโ or the โCompanyโ) (NASDAQ: AVNW). The investigation concerns whether Aviat and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
[Click here to learn more about the investigation]
On September 11, 2024, Aviat disclosed that it would be unable to timely file its Annual Report for fiscal year 2024 as the Company โrequires additional time to finalize its assessment of internal control over financial reporting.โ The Company further disclosed that management had identified โcertain errors impacting previously reported financial information for the fiscal years 2024 and 2023โ and as well as โcertain material weaknesses in its preliminary assessment of internal control over financial reporting for the fiscal year ended June 28, 2024.โ On this news, the price of Aviat shares declined by $3.37 per share from $24.36 per share on September 11, 2024, to close at $20.99 on September 12, 2024.
If you purchased or otherwise acquired Aviat securities, have information, or would like to learn more about this investigation, contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or by filling out this CONTACT FORM, to discuss your rights or interests with respect to these matters without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffsโ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firmโs efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240913309138/en/
Contacts
Kirby McInerney LLP
Thomas W. Elrod, Esq.
212-699-1180
https://www.kmllp.com
investigations@kmllp.com
