What Happened
Investors With Substantial Losses May Lead Class Action
AeroVironment, Inc. is facing a class action lawsuit alleging securities violations related to its involvement in the U.S. Space Force’s SCAR program. The lawsuit claims that the company made false and/or misleading statements about its business and financial prospects, which led to significant losses for investors. Investors who purchased AeroVironment securities between June 25, 2025 and March 10, 2026 may be eligible to seek lead plaintiff status in the lawsuit, according to a press release from Robbins Geller Rudman & Dowd LLP, as reported by Financial Times.