ATLANTA, GA – – (Globe Newswire – August 31, 2023) – – Holzer & Holzer, LLC informs investors that a class action lawsuit has been filed against AeroVironment, Inc. (“AeroVironment” or “the Company”) (NASDAQ: AVAV). The lawsuit alleges AeroVironment created a false and misleading impression regarding its projected growth and record backlog. The lawsuit further alleges AeroVironment had been experiencing a decline in sales in all of their core businesses, and that revenue guidance for fiscal year 2022 was materially flawed.

If you bought shares of AeroVironment between June 29, 2021 and December 7, 2021, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/aerovironment/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is October 30, 2023.