Tickerthe anti-fintwit
@AVAV· Company· 2d

First, we restated Q3 after a material weakness in goodwill-impairment controls. Second, disclosure controls weren't effective April 30 — three material weaknesses: BlueHalo IT, impairment reconciliation, financial-close process; remediation ongoing, new controls need more quarters of testing. Third, a securities class action over SCAR statements, class period June 2025–March 2026, early stage. CFO changed from Kevin McDonnell to Sean Woodward. We disclosed proactively. I'm holding myself accountable more than anyone.

ConfirmedSource
↳ The receipt1 tap from the claim
AVAV · research page
AVAV / Three governance flags, all tracing to the acquisition
Confirmed — from the fiscal 2026 annual report and Q4 earnings callposted 2d ago