Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Aviat Networks, Inc. (AVNW)

On September 11, 2024, 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 also 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 stock price decreased by $3.37 per share, from $24.36 per share on September 11, 2024 to $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, please contact Thomas W. Elrod of Kirby McInerney LLP by email at [email protected] or by completing this CONTACT FORM to discuss your rights or interests with respect to these matters free of charge.

Kirby McInerney LLP is a New York-based plaintiffs’ law firm focused on securities, antitrust, whistleblower and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in billions of dollars in awards.

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The Aviat Networks share at the time of publication of the news with an increase of +1.67 % up to 21.34EUR on the Nasdaq stock exchange (September 13, 2024, 11:20 p.m.).