Market Newsdesk

BENSALEM, Pa.
, June 24, 2025 /PRNewswire/ — The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Vestis Corporation (“Vestis” or the “Company”) (NYSE: VSTS).

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN VESTIS CORPORATION (VSTS),
CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE AUGUST 8, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [email protected], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Is The Lawsuit About?
The complaint filed alleges that, between May 2, 2024, to May 6, 2025, Defendants failed to disclose to investors that: (1) the Company was not equipped to achieve its growth guidance as the realization of these efforts instead resulted in a significant decline of revenue from existing customers; and (2) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Contact Us To Participate or Learn More:  

If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:
Howard G. Smith, Esq.,
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Call us at: (215) 638-4847
Email us at: [email protected],
Visit our website at: www.howardsmithlaw.com.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:

Law Offices of Howard G. Smith

Howard G. Smith, Esquire

215-638-4847
[email protected]
www.howardsmithlaw.com

View original content:https://www.prnewswire.com/news-releases/vestis-corporation-vsts-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-302489158.html

SOURCE Law Offices of Howard G. Smith

NEW YORK
, June 24, 2025 /PRNewswire/ — Levi & Korsinsky, LLP notifies investors in PepGen Inc. (“PepGen Inc.” or the “Company”) (NASDAQ: PEPG) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of PepGen Inc. investors who were adversely affected by alleged securities fraud between March 7, 2024 and March 3, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/pepgen-inc-lawsuit-submission-form?prid=153959&wire=4

PEPG investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) the Company’s lead product candidate, PGN-EDO51, was less effective and safe than defendants had led investors to believe; (ii) phase two, CONNECT2 study was dangerous or otherwise deficient for purposes of U.S. Food and Drug Administration (“FDA”) approval; (iii) as a result of all the foregoing, PepGen was likely to halt the CONNECT2 study, and PGN-EDO51’s clinical, regulatory, and commercial prospects were overstated; and (iv) as a result, defendants’ public statements were materially false and misleading at all relevant times.

WHAT’S NEXT? If you suffered a loss in PepGen Inc. during the relevant time frame, you have until August 8, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

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SOURCE Levi & Korsinsky, LLP

NEW YORK
, June 24, 2025 /PRNewswire/ — Levi & Korsinsky, LLP notifies investors in Bitfarms Ltd. (“Bitfarms Ltd.” or the “Company”) (NASDAQ: BITF) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Bitfarms Ltd. investors who were adversely affected by alleged securities fraud between March 21, 2023 and December 9, 2024. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/bitfarms-ltd-lawsuit-submission-form?prid=153949&wire=4 

BITF investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Bitfarms maintained deficient internal controls over financial reporting; (ii) as a result, the Company incorrectly categorized proceeds derived from the sale of digital assets as a cash flow from operating activities rather than as a cash flow from investing activities; (iii) in addition, the Company overstated the extent to which it had remediated, and/or its ability to remediate, the material weakness in its internal controls over financial reporting related to its classification of the 2021 Warrants; (iv) the foregoing errors caused Bitfarms to misstate various items in several of the Company’s previously issued financial statements; (v) as a result, these financial statements were inaccurate and would likely need to be restated; and (vi) as a result, the Company’s public statements were materially false and misleading at all relevant times.

WHAT’S NEXT? If you suffered a loss in Bitfarms Ltd. during the relevant time frame, you have until July 8, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholders-of-bitfarms-ltd-should-contact-levi–korsinsky-before-july-8-2025-to-discuss-your-rights–bitf-302489133.html

SOURCE Levi & Korsinsky, LLP

NEW YORK
, June 24, 2025 /PRNewswire/ — Levi & Korsinsky, LLP notifies investors in Civitas Resources, Inc. (“Civitas Resources” or the “Company”) (NYSE: CIVI) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Civitas Resources investors who were adversely affected by alleged securities fraud between February 27, 2024 and February 24, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/civitas-resources-lawsuit-submission-form?prid=153945&wire=4

CIVI investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: (i) Civitas was highly likely to significantly reduce its oil production in 2025 as a result of, inter alia, declines following the production peak at the DJ Basin in the fourth quarter of 2024 and a low TIL count at the end of 2024; (ii) increasing its oil production would require the Company to acquire additional acreage and development locations, thereby incurring significant debt and causing the Company to sell corporate assets to offset its acquisition costs; (iii) the Company’s financial condition would require it to implement disruptive cost reduction measures including a significant workforce reduction; (iv) accordingly, Civitas’s business and/or financial prospects, as well as its operational capabilities, were overstated; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

WHAT’S NEXT? If you suffered a loss in Civitas Resources during the relevant time frame, you have until July 1, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

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SOURCE Levi & Korsinsky, LLP

ASHBURN, Va.
, June 24, 2025 /PRNewswire/ – DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, and Thought Machine, a leading provider of cloud-native banking technology, today announced a joint solution to accelerate digital transformation for small and midsize banks. The collaboration combines DXC’s deep industry expertise and full-service management with Thought Machine’s next-generation core banking technology platform, Vault Core, and payments processing platform, Vault Payments, to streamline modernization for financial institutions.

As small to midsize banks and financial institutions strive to keep pace with larger, global banks building proprietary platforms in-house, they often face complex vendor landscapes and deeply entrenched legacy systems. This joint solution delivers a one-stop managed service, bringing together the right technology, tools, and people to modernize end-to-end banking operations. By offering a simplified path to transformation, DXC and Thought Machine help banks modernize legacy core systems, accelerate time to market for new digital products, and ensure operational efficiency, resilience, and compliance.

“This collaboration underscores our dedication to leveraging next-generation technology to enable banks to modernise faster and deliver exceptional financial products,” said Randy McFarlane, global head of partnerships at Thought Machine. “With modern core systems, banks are empowered to develop more innovative, customer-centric services with speed and ease. We are excited to work with DXC to accelerate banking transformation and build the future of financial services globally.” 

The integrated solution enhances agility, eliminates scalability barriers, and significantly reduces time to market. Financial institutions can either build new products from the ground up or migrate existing systems to the Vault platform—all fully managed through DXC’s end-to-end Business Process Services capabilities. The result: financial institutions can launch new products, including savings accounts, mortgages, and loans in hours rather than weeks or months. Combining DXC’s automation-first methodology with Vault Core’s highly configurable technology eliminates the need for code changes and enables an increase in future digital product and feature launches.

“With more than 45 years of experience in banking operations, DXC is deeply committed to delivering best-in-class digital solutions to the world’s leading financial institutions,” said Chris Drumgoole, President, Global Infrastructure Services at DXC Technology. “Our joint solution with Thought Machine provides a comprehensive, future-ready path to modernization—enabling banks to accelerate innovation, improve operational efficiency, and reduce risk.” 

As a leader in Banking and Capital Markets technology-driven managed services with over four decades of industry experience, DXC is trusted by financial institutions of all sizes to manage 250 million customer deposit accounts. DXC’s extensive ecosystem of innovative partners, products, technology, and talent enables seamless processing for 275 million cards daily at 475 banks.

For more information about DXC’s collaboration with Thought Machine, visitDXC Banking BPS.

About DXC Technology

DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world’s largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com. 

About Thought Machine

Thought Machine has developed the foundations of modern banking with its cloud-native core banking and payments technology. Its cloud-native core banking platform, Vault Core, is trusted by leading banks and financial institutions worldwide, including Intesa Sanpaolo, ING Bank Śląski, Lloyds Banking Group, Standard Chartered, SEB, Lunar, Atom bank, Curve, and more.

Vault Core and Vault Payments have been written from scratch as entirely cloud-native technologies, giving banks full control to run any bank, product, and payment set to flourish in a rapidly changing world.

Thought Machine is a global team spread across offices in London, New York, Singapore, and Sydney and has raised more than $500m in funding.

For more information, visit thoughtmachine.net 

View original content to download multimedia:https://www.prnewswire.com/news-releases/dxc-and-thought-machine-launch-joint-solution-to-accelerate-banking-modernization-302488545.html

SOURCE DXC Technology Company

NEW YORK
, June 24, 2025 /PRNewswire/ — Levi & Korsinsky, LLP notifies investors in West Pharmaceutical Services, Inc. (“West Pharmaceutical Services, Inc.” or the “Company”) (NYSE: WST) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of West Pharmaceutical Services, Inc. investors who were adversely affected by alleged securities fraud between February 16, 2023 and February 12, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/west-pharmaceutical-services-inc-lawsuit-submission-form?prid=153947&wire=4

WST investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (a) despite claiming strong visibility into customer demand and attributing headwinds to temporary COVID-related product destocking, West was in fact experiencing significant and ongoing destocking across its high-margin HVP portfolio; (b) West’s SmartDose device, which was purportedly positioned as a high-margin growth product, was highly dilutive to the Company’s profit margins due to operational inefficiencies; (c) these margin pressures created the risk of costly restructuring activities, including the Company’s exit from continuous glucose monitoring contracts with longstanding customers; and (d) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially false and/or misleading or lacked a reasonable basis.

WHAT’S NEXT? If you suffered a loss in West Pharmaceutical Services, Inc. during the relevant time frame, you have until July 7, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/levi–korsinsky-announces-the-filing-of-a-securities-class-action-on-behalf-of-west-pharmaceutical-services-incwst-shareholders-302489119.html

SOURCE Levi & Korsinsky, LLP

CareCredit to be First Financing Solution Offered by Sploot, Giving Pet Owners Flexible Payment Options for Care

STAMFORD, Conn.
, June 24, 2025 /PRNewswire/ — Synchrony (NYSE: SYF), a leading consumer financial services company, today announced a partnership with Sploot Veterinary Care, a modern, pet-parent-first veterinary provider with locations in Denver, Chicago, and Colorado Springs. Sploot will offer Synchrony’s CareCredit credit card as its first financing solution, providing pet owners with accessible financial solutions for comprehensive veterinary care, including advanced treatment options.

This partnership underscores a shared commitment to making the cost of veterinary care more manageable. By integrating CareCredit’s financing options with the benefits of a SplootPack membership, pet owners gain access to predictable savings and a flexible payment option for veterinary services – from routine check-ups to emergencies, advanced diagnostics and specialty treatments.

“At Synchrony, we understand that pets are family, and their health is a top priority,” said Jonathan Wainberg, Senior Vice President and General Manager, Pet, Synchrony. “Our partnership with Sploot provides pet owners with the financing options they need to help ensure their pets receive the care they need, without compromise. With CareCredit as Sploot’s first financing solution, we’re breaking financial barriers and helping more pet owners to manage the cost of the veterinary care for their pets.”

By partnering with CareCredit, Sploot is able to offer its clients an approachable financial solution for both routine and more specialized veterinary services, bridging the gap that might otherwise lead to delayed or declined treatment for their pets.

“Sploot’s mission is to redefine the veterinary experience – making exceptional care more accessible and helping ensure that every pet can receive the treatment they deserve,” said Gil Bolotin, Co-CEO, Sploot. “By partnering with CareCredit, we’re helping give pet parents the financial flexibility to say ‘yes’ to optimal care, whether it’s advanced diagnostics or essential procedures, without the fear of managing costs.”

Sploot customers can easily access CareCredit financing through a custom QR code and link, streamlining the application process. Pet owners can see if they prequalify for the CareCredit credit card in real time, with no impact to their credit score, and apply on any smart device or over the phone. A credit decision is typically provided within seconds, and if approved, they can use their account to pay for their pet’s care right away, from routine check-ups to emergency treatments.

For more than 35 years, CareCredit has been a valuable financing option for all types of veterinary services, treatments and diagnostics at locations in the network, giving pet owners peace of mind that they are ready to care for their pets throughout their lifetime. CareCredit is accepted at more than 27,000 veterinary practices and all public university veterinary schools in the U.S. For more information, please visit www.carecredit.com.

About Synchrony
Synchrony (NYSE: SYF) is a leading consumer financing company at the heart of American commerce and opportunity. From health to home, auto to retail, our Synchrony products have been serving the needs of people and businesses for nearly 100 years. We provide responsible access to credit and banking products to support healthier financial lives for tens of millions of people, enabling them to access the things that matter to them. Additionally, through our innovative products and experiences, we support the growth and operations of some of the country’s most respected brands, as well as more than 400,000 small and midsize businesses and health and wellness providers that Americans rely on. Synchrony is proud to be ranked as the country’s #2 Best Company to Work For® by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.

About Sploot Veterinary Care
Sploot Veterinary Care is redefining the veterinary experience with a modern, pet-parent-first approach. Operating clinics in Denver, Chicago and Colorado Springs, Sploot offers comprehensive services – including primary, urgent, emergency and specialty care – under one roof. As a FearFree practice, we prioritize reducing pet stress and anxiety during every visit, ensuring a calm and compassionate environment. Our state-of-the-art facilities are open 8am-8pm, 365 days a year, providing same-day appointments and a seamless digital experience. With a focus on transparency, convenience and exceptional care, Sploot is committed to making veterinary services more accessible and stress-free for both pets and their parents. For more information, visit www.splootvets.com.

Contacts:

Lauren Devilbiss

Synchrony
[email protected]

Haleigh Watts

Sploot Veterinary Care
[email protected] 

View original content to download multimedia:https://www.prnewswire.com/news-releases/synchrony-partners-with-sploot-veterinary-care-to-finance-comprehensive-veterinary-services-with-carecredit-302488375.html

SOURCE Synchrony

• DEWALT to donate $100,000 in tools to The SkillsUSA Championships taking place this week in Atlanta
• Since 1999, DEWALT has contributed more than $1.7 million in tools and donations to SkillsUSA
• Access to tools is a key barrier for pre-apprentices joining the trades, according to a recent
  
  DEWALT survey
  ; this is why DEWALT and SkillsUSA will be donating tools from this year’s competition to aspiring tradespeople across the U.S.  

TOWSON, Md.
, June 24, 2025 /PRNewswire/ — DEWALT, a Stanley Black & Decker brand and leader in total jobsite solutions, and SkillsUSA, the largest student-led workforce development organization in the U.S, today announced a partnership to help support America’s future tradespeople.

As part of the partnership, DEWALT will be donating $100,000 in tools to The SkillsUSA Championships, the largest longest-running gathering of America’s future skilled workforce, taking place this week in Atlanta.  At the event, 6,800 career and technical students will compete across more than 100 skilled categories including carpentry, plumbing and welding. DEWALT will also collaborate with SkillsUSA to distribute the tools utilized during the competitions to aspiring tradespeople across the U.S. 

“According to DEWALT’s most recent survey, more than one-third of pre-apprentices lack access to the tools that are needed to support them as they embark on their career journey,” said James Oh, President and General Manager of DEWALT. “At DEWALT, we are relentless in our commitment to removing these barriers for future tradespeople who are meeting the rising demand for skilled labor.* DEWALT launched a partnership with SkillsUSA because of our shared commitment to champion aspiring tradespeople. Together, we are supporting the new generation of tradespeople as they become leaders on the jobsite.” 

“We’re grateful to DEWALT for their continued partnership and commitment to the skilled trades,” said Chelle Travis, Executive Director of SkillsUSA. “This generous donation not only supports the students competing at our national Championships—it also ensures that these tools go on to empower future trades professionals across the country. Together, we’re investing in America’s workforce and the next generation of job-ready leaders.”

Since 1999, DEWALT has contributed more than $1.7 million in tools and donations to SkillsUSA.

Grow the Trades

The SkillsUSA partnership is part of DEWALT’s Grow the Trades initiative, a $30 million commitment by 2027 to close the skilled trades gap by helping provide greater accessibility and resources for trades training. To date, DEWALT has awarded nearly $20 million in scholarships, grants, tools and other resources. To learn more about DEWALT’s Grow the Trades initiative, visit: www.dewalt.com/growthetrades.

*https://www.mckinsey.com/capabilities/people-and-organizational-performance/our-insights/tradespeople-wanted-the-need-for-critical-trade-skills-in-the-us

About SkillsUSA

SkillsUSA is the #1 workforce development organization for students, empowering them to become skilled professionals, career-ready leaders and responsible community members. SkillsUSA represents more than 444,000 career and technical education students and teachers in middle schools, high schools and college/postsecondary institutions nationwide. Those members represent 130 in-demand occupational areas, from 3-D animation to welding. A vital solution to the skills gap, SkillsUSA has served over 15 million members since its founding in 1965. Learn more at skillsusa.org.

About DEWALT


DEWALT, a Stanley Black & Decker brand, is a leader in total jobsite solutions. For more than 100 years, DEWALT has been powering the future of construction with tools and technologies that have been designed, built and tested to help deliver safety and productivity on every jobsite. For more information, visit www.dewalt.com or follow DEWALT on Facebook, Instagram, and LinkedIn.

About Stanley Black & Decker


Founded in 1843 and headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is a worldwide leader in Tools and Outdoor, operating manufacturing facilities globally. The Company’s approximately 48,000 employees produce innovative end-user inspired power tools, hand tools, storage, digital jobsite solutions, outdoor and lifestyle products, and engineered fasteners to support the world’s builders, tradespeople and DIYers. The Company’s world class portfolio of trusted brands includes DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet®. To learn more visit: www.stanleyblackanddecker.com or follow Stanley Black & Decker on Facebook, Instagram, LinkedIn and X.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dewalt-partners-with-skillsusa-to-support-americas-future-tradespeople-302488947.html

SOURCE DEWALT

NEW YORK
, June 24, 2025 /PRNewswire/ — Levi & Korsinsky, LLP notifies investors in Avis Budget Group, Inc. (“Avis Budget” or the “Company”) (NASDAQ: CAR) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Avis Budget investors who were adversely affected by alleged securities fraud between February 13, 2024 and February 10, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/avis-budget-lawsuit-submission-form?prid=153943&wire=4

CAR investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Avis Budget crafted and implemented a plan to significantly accelerate its fleet rotation in the fourth quarter of 2024; (ii) the foregoing acceleration shortened the useful life of the majority of the Company’s vehicles in the Americas segment, thereby reducing their recoverable value; (iii) as a result, Avis Budget would be forced to recognize billions of dollars in impairment charges and incur substantial losses; (iv) all the foregoing was likely to, and did, have a significant negative impact on the Company’s financial results; (v) accordingly, Avis Budget’s financial and/or business prospects were overstated; and (vi) as a result, defendants’ public statements were materially false and misleading at all relevant times.

WHAT’S NEXT? If you suffered a loss in Avis Budget during the relevant time frame, you have until June 24, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/levi–korsinsky-reminds-avis-budget-group-inc-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-june-24-2025–car-302489117.html

SOURCE Levi & Korsinsky, LLP