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Avis Budget Group Securities Fraud Class Action

Avis Budget Group · Avis Budget Group securities · New Filing

About this case

A proposed securities class action has been filed on behalf of investors who purchased or otherwise acquired Avis Budget Group securities between February 20, 2025, and April 21, 2026. The complaint alleges that Pentwater Capital Management and its founder, Matthew Halbower, manipulated the market for Avis securities through aggressive purchases that contributed to unusual volatility and a short squeeze. The matter is at the filed litigation stage, with a September 29, 2026 deadline for investors to seek appointment as lead plaintiff.

Case overview

Defendant company
Avis Budget Group
Product or service
Avis Budget Group securities
Case name
Avis Budget Group Securities Fraud Class Action
Court case number
26-cv-02275
Case status
New Filing
Lawsuit type
Securities
Reported harm
Misrepresentation

Important dates

Lead Plaintiff Application
Lead Plaintiff Application
Lead Plaintiff Application
Lead Plaintiff Application
Lead Plaintiff Application

Participation information

Lead Plaintiff Application

Investors who purchased or otherwise acquired Avis Budget Group securities between February 20, 2025 and April 21, 2026 may seek appointment as lead plaintiff.

Contact Levi & Korsinsky regarding an application for lead plaintiff appointment. The deadline applies to investors seeking to serve as lead plaintiff; the article states that absent class members do not need to apply by this date to remain eligible to participate in any recovery.

Type
Lead Plaintiff
Status
Open
Reported proof requirement
Unclear
Apply as lead plaintiff

Lead Plaintiff Application

Investors who purchased or otherwise acquired Avis Budget Group common stock during the period from February 20, 2025, through April 21, 2026, may seek appointment as lead plaintiff.

File a lead plaintiff motion by September 29, 2026. The article provides contact information for the Law Offices of Frank R. Cruz regarding participation.

Type
Lead Plaintiff
Status
Open

Lead Plaintiff Application

Purchasers of Avis Budget Group securities during the stated class period, including those who bought common stock to cover a short position, may seek appointment as lead plaintiff.

Move the court no later than September 29, 2026, to seek appointment as lead plaintiff.

Type
Lead Plaintiff
Status
Open
Reported proof requirement
Unclear

Lead Plaintiff Application

Investors who purchased or otherwise acquired Avis securities, including investors who bought common stock to cover a short position, between February 20, 2025 and April 21, 2026, inclusive, may seek appointment as lead plaintiff.

Request that the court appoint you as lead plaintiff by September 29, 2026. Serving as lead plaintiff is not required to share in any recovery.

Type
Lead Plaintiff
Status
Open
Reported proof requirement
Unclear
Apply as lead plaintiff

Lead Plaintiff Application

Investors who purchased or otherwise acquired Avis Budget Group securities during the period from February 20, 2025, through April 21, 2026, may seek appointment as lead plaintiff.

Contact Kaplan Fox to learn about the lead-plaintiff process. Investors do not need to seek lead-plaintiff status in order to potentially participate in any recovery.

Type
Lead Plaintiff
Status
Open
Reported proof requirement
Unclear
Apply as lead plaintiff
Business Wire source

Sources