DEADLINE ALERT for AVAV, SIMO, DFS, PATH: Law Offices of Howard G. Smith Reminds Investors of Class Actions on Behalf of Shareholders

Grand News Network | October 24, 2023

BENSALEM, Pa., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion.

Investors suffering losses on their investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in these class actions at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.

AeroVironment, Inc. (NASDAQ:AVAV)
Class Period: June 29, 2021 – December 7, 2021
Lead Plaintiff Deadline: October 30, 2023

The complaint alleges that throughout the Class Period the defendants made false and/or misleading statements and/or failed to disclose that: (1) AeroVironment had been experiencing a decline in sales in all of their core businesses; (2) AeroVironment's projections were inaccurate and that Defendants lacked the necessary internal controls over financial reporting to develop accurate projections; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Silicon Motion Technology Corporation (NASDAQ:SIMO)
Class Period: June 6, 2023 – July 26, 2023
Lead Plaintiff Deadline: October 31, 2023

The complaint alleges that throughout the Class Period the defendants made false and/or misleading statements and/or failed to disclose that: (1) there had been a material downturn in the semiconductor industry and rising interest rates; (2) MaxLinear had determined to unilaterally terminate the Merger in the event the Merger was approved by Chinese regulatory authorities; (3) ...

Full story available on Benzinga.com


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