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topicnews · September 12, 2024

AVNW investors have the opportunity to join the Aviat Networks, Inc. fraud investigation with Schall Law Firm

AVNW investors have the opportunity to join the Aviat Networks, Inc. fraud investigation with Schall Law Firm

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims of violations of the securities laws on behalf of investors in Aviat Networks, Inc. (“Aviat” or “the Company”) (NASDAQ: AVNW).

The investigation is focused on whether the Company made false and/or misleading statements and/or failed to disclose relevant information to investors. Aviat announced via press release on September 11, 2024 that it “has determined that it cannot file its Annual Report on Form 10-K for the fiscal year ended June 28, 2024 by the required filing date without undue burden or expense because the Company requires additional time to complete its assessment of internal control over financial reporting and to complete certain closing processes and procedures. The Company is working diligently and expects to file Form 10-K before the fifteen calendar day extension period expires.” On this news, Aviat shares fell more than 18.2% in morning trading the next day.