Pomerantz Law Firm Announces the Filing of a Class Action Against AeroVironment, Inc.and Certain Officers – AVAV

Pomerantz LLP filed a class action lawsuit against AeroVironment and certain officers for alleged securities fraud. The lawsuit covers investors who purchased AeroVironment securities between June 25, 2025 and March 10, 2026. Defendants allegedly made false statements about the SCAR program's growth prospects while understating competition risks. The U.S. Space Force issued a stop work order in January 2026, terminated the contract in March 2026, and subsequently announced plans to diversify suppliers using commercial off-the-shelf solutions instead of a single-vendor bespoke solution, causing significant stock price declines.