LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Aviat Networks, Inc. (“Aviat” or the “Company”) (NASDAQ: AVNW) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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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, Aviat’s stock price fell as much as 26% during intraday trading on September 12, 2024, thereby injuring investors.
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If you purchased Aviat securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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