Public case informationLast updated

Avis Budget Group Securities Fraud Class Action

Avis Budget Group · Avis Budget Group securities · Ongoing Litigation

About this case

A securities class action filed in the United States District Court for the Middle District of Florida alleges that Pentwater Capital Management and Matthew Halbower failed to disclose trading intentions and economic exposure associated with Pentwater's growing Avis Budget Group position, allegedly leaving purchasers to buy at manipulated or inflated prices before a sharp decline. The litigation is ongoing, and the deadline to seek appointment as lead plaintiff is September 29, 2026.

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
Ongoing Litigation
Lawsuit type
Securities
Reported harm
Misrepresentation

Important dates

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

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

Investors who purchased or otherwise acquired Avis securities, including those who bought Avis common stock to cover a short position, during the period from February 20, 2025, through April 21, 2026, may request appointment as lead plaintiff.

Contact Kahn Swick & Foti, LLC through its case page to learn more and request appointment as lead plaintiff.

Type
Lead Plaintiff
Status
Open
Reported proof requirement
Unclear

Sources