Kaplan Fox & Kilsheimer LLP reminds investors that a class action lawsuit has been filed against AeroVironment, Inc. on behalf of purchasers of its securities between June 25, 2025 and March 10, 2026. The firm highlights that the deadline to move the court for lead plaintiff appointment is July 27, 2026. The complaint alleges the company made false or misleading statements and failed to disclose increasing competition for its SCAR program work with the U.S. Space Force. AeroVironment's stock fell 15.77% on January 20, 2026 after a stop work order was disclosed, and dropped another 6.24% on March 11, 2026 following news of a $151.3 million goodwill impairment and contract termination.
AeroVironment IncClass action lawsuit alleging false statements and failure to disclose competition for SCAR program; stock fell on stop work order and impairment.