{"id":1001442,"date":"2026-09-08T12:26:10","date_gmt":"2026-09-08T16:26:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/berger-montague-pc-investigates-aerovironment-inc-s-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav\/"},"modified":"2026-09-08T12:26:10","modified_gmt":"2026-09-08T16:26:10","slug":"berger-montague-pc-investigates-aerovironment-inc-s-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/berger-montague-pc-investigates-aerovironment-inc-s-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav\/","title":{"rendered":"Berger Montague PC Investigates AeroVironment, Inc.&#8217;s Board of Directors for Breach of Fiduciary Duty (NASDAQ: AVAV)"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\">PHILADELPHIA<\/span>, <span class=\"legendSpanClass\">Sept. 8, 2026<\/span> \/PRNewswire\/ &#8212; National plaintiffs&#8217; law firm <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4768244-1&amp;h=3841389828&amp;u=https%3A%2F%2Fbergermontague.com%2F&amp;a=Berger+Montague+PC\" target=\"_blank\" rel=\"nofollow\">Berger Montague PC<\/a>\u00a0announces an investigation into the Board of Directors of <b>AeroVironment, Inc. (NASDAQ: AVAV)<\/b>\u00a0(&#8220;AeroVironment&#8221; or the &#8220;Company&#8221;) for potential breaches of fiduciary duties owed to the Company and its shareholders.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <img decoding=\"async\" src=\"https:\/\/mmx.prnewswire.com\/media\/MS367268\/Berger-Montague-Logo.jpg?id=OA2932846\" title=\"A national class action and commercial litigation law firm with nationally known attorneys highly sought after for their legal skills. (PRNewsFoto\/Berger Montague)\" alt=\"A national class action and commercial litigation law firm with nationally known attorneys highly sought after for their legal skills. (PRNewsFoto\/Berger Montague)\" \/>\n        <\/p>\n<\/p><\/div>\n<p>The investigation is focused on whether AeroVironment improperly concealed its exposure to competition for work under the U.S. Space Force&#8217;s Satellite Communication Augmentation Resource (&#8220;SCAR&#8221;) program.<\/p>\n<p>AeroVironment, headquartered in Arlington, Virginia, is a leading American defense technology company that designs and manufactures autonomous systems, unmanned aircraft systems (UAS), loitering munitions, and space and directed-energy technologies in support of the U.S. Department of Defense, allied governments, and commercial clients worldwide.<\/p>\n<p>\n        <b><br \/>\n          <i>Shareholders of AeroVironment may learn more about this investigation by contacting Berger Montague: Andrew Abramowitz at <\/i><br \/>\n        <\/b><br \/>\n        <a href=\"mailto:aabramowitz@bergermontague.com\" target=\"_blank\" rel=\"nofollow\"><br \/>\n          <b><br \/>\n            <i>aabramowitz@bergermontague.com<\/i><br \/>\n          <\/b><br \/>\n        <\/a><br \/>\n        <b><br \/>\n          <i> or (215) 875-3015 or Caitlin Adorni at <\/i><br \/>\n        <\/b><br \/>\n        <a href=\"mailto:cadorni@bergermontague.com\" target=\"_blank\" rel=\"nofollow\"><br \/>\n          <b><br \/>\n            <i>cadorni@bergermontague.com<\/i><br \/>\n          <\/b><br \/>\n        <\/a><br \/>\n        <b><br \/>\n          <i> or (267) 764- 4865 or by <\/i><br \/>\n        <\/b><br \/>\n        <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4768244-1&amp;h=4005429409&amp;u=https%3A%2F%2Fbergermontague.com%2Fcases%2Fberger-montague-pc-investigates-aerovironment-inc-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav%2F&amp;a=visiting+our+website\" target=\"_blank\" rel=\"nofollow\"><br \/>\n          <b><br \/>\n            <i>visiting our website<\/i><br \/>\n          <\/b><br \/>\n        <\/a><br \/>\n        <b><br \/>\n          <i>.<\/i><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <b>About Berger Montague<\/b>\n      <\/p>\n<p>Berger Montague is one of the nation&#8217;s preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.<\/p>\n<p>For more information or to discuss your rights, please contact:<\/p>\n<p>\n        <b>Andrew Abramowitz<br \/><\/b>Berger Montague<br \/>(215) 875-3015<br \/><a href=\"mailto:aabramowitz@bergermontague.com\" rel=\"nofollow\">aabramowitz@bergermontague.com<\/a><\/p>\n<p>\n        <b>Caitlin Adorni<br \/><\/b>Berger Montague<br \/>(267) 764-4865<br \/><a href=\"mailto:cadorni@bergermontague.com\" rel=\"nofollow\">cadorni@bergermontague.com<\/a><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=DC41677&amp;sd=2026-09-08\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/berger-montague-pc-investigates-aerovironment-incs-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav-302870980.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/berger-montague-pc-investigates-aerovironment-incs-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav-302870980.html<\/a><\/p>\n<p>SOURCE Berger Montague<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC41677&amp;Transmission_Id=202609081223PR_NEWS_USPR_____DC41677&amp;DateId=20260908\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire PHILADELPHIA, Sept. 8, 2026 \/PRNewswire\/ &#8212; National plaintiffs&#8217; law firm Berger Montague PC\u00a0announces an investigation into the Board of Directors of AeroVironment, Inc. (NASDAQ: AVAV)\u00a0(&#8220;AeroVironment&#8221; or the &#8220;Company&#8221;) for potential breaches of fiduciary duties owed to the Company and its shareholders. The investigation is focused on whether AeroVironment improperly concealed its exposure to competition for work under the U.S. Space Force&#8217;s Satellite Communication Augmentation Resource (&#8220;SCAR&#8221;) program. AeroVironment, headquartered in Arlington, Virginia, is a leading American defense technology company that designs and manufactures autonomous systems, unmanned aircraft systems (UAS), loitering munitions, and space and directed-energy technologies in support of the U.S. Department of Defense, allied governments, and commercial clients worldwide. Shareholders of AeroVironment may learn more about this &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/berger-montague-pc-investigates-aerovironment-inc-s-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Berger Montague PC Investigates AeroVironment, Inc.&#8217;s Board of Directors for Breach of Fiduciary Duty (NASDAQ: AVAV)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1001442","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Berger Montague PC Investigates AeroVironment, Inc.&#039;s Board of Directors for Breach of Fiduciary Duty (NASDAQ: AVAV) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/berger-montague-pc-investigates-aerovironment-inc-s-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Berger Montague PC Investigates AeroVironment, Inc.&#039;s Board of Directors for Breach of Fiduciary Duty (NASDAQ: AVAV) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire PHILADELPHIA, Sept. 8, 2026 \/PRNewswire\/ &#8212; National plaintiffs&#8217; law firm Berger Montague PC\u00a0announces an investigation into the Board of Directors of AeroVironment, Inc. (NASDAQ: AVAV)\u00a0(&#8220;AeroVironment&#8221; or the &#8220;Company&#8221;) for potential breaches of fiduciary duties owed to the Company and its shareholders. The investigation is focused on whether AeroVironment improperly concealed its exposure to competition for work under the U.S. Space Force&#8217;s Satellite Communication Augmentation Resource (&#8220;SCAR&#8221;) program. AeroVironment, headquartered in Arlington, Virginia, is a leading American defense technology company that designs and manufactures autonomous systems, unmanned aircraft systems (UAS), loitering munitions, and space and directed-energy technologies in support of the U.S. Department of Defense, allied governments, and commercial clients worldwide. Shareholders of AeroVironment may learn more about this &hellip; Continue reading &quot;Berger Montague PC Investigates AeroVironment, Inc.&#8217;s Board of Directors for Breach of Fiduciary Duty (NASDAQ: AVAV)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/berger-montague-pc-investigates-aerovironment-inc-s-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-08T16:26:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mmx.prnewswire.com\/media\/MS367268\/Berger-Montague-Logo.jpg?id=OA2932846\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/berger-montague-pc-investigates-aerovironment-inc-s-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/berger-montague-pc-investigates-aerovironment-inc-s-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Berger Montague PC Investigates AeroVironment, Inc.&#8217;s Board of Directors for Breach of Fiduciary Duty (NASDAQ: AVAV)\",\"datePublished\":\"2026-09-08T16:26:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/berger-montague-pc-investigates-aerovironment-inc-s-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav\\\/\"},\"wordCount\":331,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/berger-montague-pc-investigates-aerovironment-inc-s-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mmx.prnewswire.com\\\/media\\\/MS367268\\\/Berger-Montague-Logo.jpg?id=OA2932846\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/berger-montague-pc-investigates-aerovironment-inc-s-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/berger-montague-pc-investigates-aerovironment-inc-s-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav\\\/\",\"name\":\"Berger Montague PC Investigates AeroVironment, Inc.'s Board of Directors for Breach of Fiduciary Duty (NASDAQ: AVAV) - 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(NASDAQ: AVAV)\u00a0(&#8220;AeroVironment&#8221; or the &#8220;Company&#8221;) for potential breaches of fiduciary duties owed to the Company and its shareholders. The investigation is focused on whether AeroVironment improperly concealed its exposure to competition for work under the U.S. Space Force&#8217;s Satellite Communication Augmentation Resource (&#8220;SCAR&#8221;) program. AeroVironment, headquartered in Arlington, Virginia, is a leading American defense technology company that designs and manufactures autonomous systems, unmanned aircraft systems (UAS), loitering munitions, and space and directed-energy technologies in support of the U.S. Department of Defense, allied governments, and commercial clients worldwide. Shareholders of AeroVironment may learn more about this &hellip; Continue reading \"Berger Montague PC Investigates AeroVironment, Inc.&#8217;s Board of Directors for Breach of Fiduciary Duty (NASDAQ: AVAV)\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/berger-montague-pc-investigates-aerovironment-inc-s-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav\/","og_site_name":"Market Newsdesk","article_published_time":"2026-09-08T16:26:10+00:00","og_image":[{"url":"https:\/\/mmx.prnewswire.com\/media\/MS367268\/Berger-Montague-Logo.jpg?id=OA2932846","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/berger-montague-pc-investigates-aerovironment-inc-s-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/berger-montague-pc-investigates-aerovironment-inc-s-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Berger Montague PC Investigates AeroVironment, Inc.&#8217;s Board of Directors for Breach of Fiduciary Duty (NASDAQ: AVAV)","datePublished":"2026-09-08T16:26:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/berger-montague-pc-investigates-aerovironment-inc-s-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav\/"},"wordCount":331,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/berger-montague-pc-investigates-aerovironment-inc-s-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav\/#primaryimage"},"thumbnailUrl":"https:\/\/mmx.prnewswire.com\/media\/MS367268\/Berger-Montague-Logo.jpg?id=OA2932846","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/berger-montague-pc-investigates-aerovironment-inc-s-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/berger-montague-pc-investigates-aerovironment-inc-s-board-of-directors-for-breach-of-fiduciary-duty-nasdaq-avav\/","name":"Berger Montague PC Investigates AeroVironment, Inc.'s Board of Directors for Breach of Fiduciary Duty (NASDAQ: AVAV) - 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