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Johnson Fistel Announces It Has Initiated a Class Action Investigation Into Aviat Networks

Johnson Fistel Announces It Has Initiated a Class Action Investigation Into Aviat Networks

By AP News
Published - Sep 12, 2024, 11:37 AM ET
Last Updated - Dec 16, 2024, 07:18 PM EST

SAN DIEGO--(BUSINESS WIRE)--Sep 12, 2024--

Shareholder rights law firm Johnson Fistel, LLP is investigating whether Aviat Networks, Inc. (NASDAQ: AVNW) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws.

What if I purchased Aviat securities? If you purchased securities and suffered losses on your investment, join our investigation now:

Click Here to Join the Investigation

Or for more information, contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471.

There is no cost or obligation to you.

What is Johnson Fistel investigating? On September 11, 2024, Aviat announced its inability to file the Annual Report on Form 10-K for the fiscal year ending June 28, 2024, within the prescribed deadline. The management of Aviat has reported the discovery of certain material weaknesses during its preliminary assessment of internal controls over financial reporting for the aforementioned fiscal year.

What if I have relevant nonpublic information? Individuals with nonpublic information regarding the company should consider whether to assist our investigation or take advantage of the SEC Whistleblower program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive rewards totaling up to thirty percent of any successful recovery made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or jimb@johnsonfistel.com.

About Johnson Fistel, LLP:

Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com.

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Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices.

Johnson Fistel, LLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content.

View source version on businesswire.com:https://www.businesswire.com/news/home/20240912886718/en/

CONTACT: Johnson Fistel, LLP

501 W. Broadway, Suite 800, San Diego, CA 92101

James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471

jimb@johnsonfistel.comorfjohnson@johnsonfistel.com

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL

SOURCE: Johnson Fistel, LLP

Copyright Business Wire 2024.

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