Bombshell Alert: 2 Nasdaq Stocks Under Scrutiny - What This Means For Your Investments

Investors and shareholders of Aviat Networks, Inc. (NASDAQ:AVNW) and Flux Power Holdings, Inc. (NASDAQ:FLUX) may be in for a wild ride as Bragar Eagel & Squire, P.C. announces an ongoing investigation into potential claims against these companies.

With a reputation as a nationally recognized shareholder rights law firm, Bragar Eagel & Squire, P.C. is taking a closer look at whether these companies have violated federal securities laws and/or engaged in other unlawful business practices. And the outcome could have a significant impact on your investments.

Let's start with Aviat Networks, Inc. On September 11, 2024, the company made a bombshell announcement: it was unable to file its Annual Report on Form 10-K for the fiscal year ended June 28, 2024, by the prescribed filing due date. According to the company, this was due to the need for additional time to finalize its assessment of internal control over financial reporting and to complete certain closing processes and procedures.

Unsurprisingly, investors took this news hard, with Aviat stock plummeting more than 18.2% during morning trading the next day. This significant drop in value raises serious concerns about the company's ability to manage its finances and maintain transparency with its investors.

As for Flux Power Holdings, Inc., details about the investigation are scarce at this point. However, it's clear that Bragar Eagel & Squire, P.C. is taking a close look at the company's practices and prepared to take action if any wrongdoing is discovered.

So, what does this mean for your investments? If you're a shareholder in either of these companies, it's essential to pay close attention to the developing situation. The outcome of these investigations could have a significant impact on the value of your investments, and it's crucial to stay informed to protect your interests.

As a shareholder, you have the right to expect transparency and honesty from the companies you invest in. If Aviat Networks, Inc. or Flux Power Holdings, Inc. are found to have engaged in unlawful practices, you may be entitled to compensation.