Aviat Networks, Inc. (NASDAQ: AVNW)

This investigation is for anyone who acquired securities in Aviat Networks, Inc. (NASDAQ: AVNW) prior to September 11, 2024.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by telling investors that it had sufficient controls over financial reporting when the Company lacked such controls.

On September 11, 2024, after market hours, Aviat disclosed that it would be unable to timely file its Annual Report for fiscal year 2024 as the Company “requires additional time to finalize its assessment of internal control over financial reporting.” The Company further disclosed that management had identified  “certain errors impacting previously reported financial information for the fiscal years 2024 and 2023” and as well as “certain material weaknesses in its preliminary assessment of internal control over financial reporting for the fiscal year ended June 28, 2024.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Aviat Networks, Inc. (NASDAQ: AVNW) prior to September 11, 2024 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.