Wolf Popper LLP Announces Investigation on Behalf of Aviat Networks, Inc. Investors

Core Points - Wolf Popper LLP is investigating potential claims on behalf of purchasers of Aviat Networks, Inc. common stock [1] - Aviat Networks is a provider of wireless transport and access solutions [1] Financial Reporting Issues - Aviat announced it would not be able to file its Annual Report on Form 10-K for the fiscal year ended June 28, 2024 [1] - The company identified certain material weaknesses in its internal control over financial reporting [1] - Errors impacting previously reported financial information for the fiscal years 2024 and 2023 were also identified [1] Stock Market Reaction - Following the announcement, Aviat's stock price fell by $3.37 per share to $20.99 on September 12, 2024, representing a decline of 13.8% [1] - The decline occurred on very heavy trading volume [1] Investor Information - Investors who lost over $25,000 trading in Aviat common stock are encouraged to contact Wolf Popper for discussion regarding the investigation [1]