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topicnews · September 12, 2024

The law firm of Frank R. Cruz announces an investigation of Aviat Networks, Inc. (AVNW) on behalf of investors

The law firm of Frank R. Cruz announces an investigation of Aviat Networks, Inc. (AVNW) on behalf of investors

The Law Offices of Frank R. Cruz announces an investigation of Aviat Networks, Inc. (“Aviat” or the “Company”) (NASDAQ: AVNW) on behalf of investors relating to possible violations by the Company of the federal securities laws.

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On September 11, 2024, after the market closed, Aviat announced that it would not be able to file its annual report for fiscal year 2024 on time because the company “requires additional time to complete its assessment of internal control over financial reporting.” The company further announced that management had “identified certain errors affecting previously reported financial information for fiscal years 2024 and 2023” as well as “certain material deficiencies in its preliminary assessment of internal control over financial reporting for the fiscal year ended June 28, 2024.”

On this news, Aviat’s share price fell as much as 26% in intraday trading on September 12, 2024, hurting investors.

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If you purchased Aviat securities, have information or would like to learn more about these claims, or have any questions about this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067, at 310-914-5007, by email at [email protected] or visit our website at www.frankcruzlaw.com. When inquiring by email, please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under applicable laws and professional rules.

The Aviat Networks share at the time of publication of the news with a decline of -19.82 % up to 17.80USD on the Tradegate exchange (September 12, 2024, 3:46 p.m.).