3 unchanged sentences
We filed our answer on December 16, 2021.
−Removed: The parties participated in a mediation session on May 8, 2025, but did not reach a resolution during the session.
−Removed: On June 11, 2025, the parties reached an agreement in principle to settle all claims in the class action complaint and PAGA complaint pursuant to a mediator’s proposal made on such a date by the mediator from the May 8, 2025 class action mediation session.
−Removed: A court must approve the terms of the settlement before we will pay any amounts pursuant to the settlement.
−Removed: The parties are currently working on a written settlement agreement to present to the court for approval.
−Removed: The estimated settlement was accrued in our consolidated statements of income(loss) for the year ended April 30, 2025.
On March 29, 2024, a former employee filed a complaint against AeroVironment in the Ventura County Superior Court in California, alleging violations of the California Labor Code related to wages, meal breaks, overtime, unreimbursed business expenses and other recordkeeping matters and seeking penalties recoverable under California Labor Code section 2698, et.
2 unchanged sentences
We filed our answer on June 20, 2024.
−Removed: The parties stipulated to stay this PAGA case ahead of the mediation in the class action matter listed in the immediately preceding paragraph above.
+Added: On June 11, 2025, the parties reached an agreement in principle to settle all claims in the class action complaint and PAGA complaint pursuant to a mediator’s proposal made on such a date by the mediator from a May 8, 2025 mediation session held for the class action litigation.
+Added: A court must approve the terms of the settlement before we will pay any amounts pursuant to the settlement.
+Added: The parties are currently working on a written settlement agreement to present to the court for approval.
+Added: The estimated settlement was accrued in our consolidated statements of income(loss) for the year ended April 30, 2025.
We are subject to lawsuits, government investigations, audits and other legal proceedings from time to time in the ordinary course of our business.
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.