AeroVironment securities class action lawsuits

Multiple securities class action lawsuits have been filed against AeroVironment, Inc. (NasdaqGS: AVAV) alleging that the company and certain executives failed to disclose material information during the Class Period from June 24, 2025 to June 18, 2026, violating federal securities laws. Specifically, the complaints claim that AeroVironment understated the likelihood of imminent competition for work performed under U.S. Space Force programs, including the Satellite Communication Augmentation Resource program and modernization of the Satellite Control Network, thereby overstating its business and financial prospects. The first-filed case is Norrell v. AeroVironment, Inc., et al., No. 26-cv-01429, pending in the Eastern District of Virginia. A subsequent case, United States — City Pension Fund for Firefighters and Police Officers in the City of Miami Beach v. AeroVironment, Inc. et al., No. 26-cv-00875, expanded the class period and is pending in the District of Delaware. Kahn Swick & Foti, LLC (KSF), led by former Louisiana Attorney General Charles C. Foti, Jr. and Managing Partner Lewis Kahn, is notifying investors and seeking lead plaintiffs by the July 27, 2026 deadline.