{"id":1004281,"date":"2026-09-17T11:30:06","date_gmt":"2026-09-17T15:30:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kaplan-fox-reminds-avis-budget-group-inc-nasdaq-car-investors-with-significant-losses-to-seek-a-leadership-role-before-deadline-on-september-29-2026\/"},"modified":"2026-09-17T11:30:06","modified_gmt":"2026-09-17T15:30:06","slug":"kaplan-fox-reminds-avis-budget-group-inc-nasdaq-car-investors-with-significant-losses-to-seek-a-leadership-role-before-deadline-on-september-29-2026","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kaplan-fox-reminds-avis-budget-group-inc-nasdaq-car-investors-with-significant-losses-to-seek-a-leadership-role-before-deadline-on-september-29-2026\/","title":{"rendered":"Kaplan Fox Reminds Avis Budget Group, Inc. (NASDAQ: CAR) Investors with Significant Losses to Seek a Leadership Role Before Deadline on September 29, 2026"},"content":{"rendered":"
\n

NEW YORK, Sept. 17, 2026 (GLOBE NEWSWIRE) — Kaplan Fox & Kilsheimer LLP<\/a> announces that a class action lawsuit has been filed against Avis Budget Group, Inc. (\u201cAvis\u201d or the \u201cCompany\u201d) (NASDAQ: CAR) on behalf of investors that purchased or otherwise acquired Avis securities between February 20, 2025 and April 21, 2026 (the \u201cClass Period\u201d).<\/p>\n

\n CLICK HERE TO JOIN THE CASE<\/a>\n <\/p>\n

\n If you are an investor in Avis and have suffered losses, you may <\/strong>
\n
\n CLICK HERE<\/strong>
\n <\/a>
\n to contact us. You may also contact Kaplan Fox by emailing <\/strong>
\n
\n pmayer@kaplanfox.com<\/strong>
\n <\/a>
\n or by calling (646) 315-9003.<\/strong>\n <\/p>\n

\n DEADLINE REMINDER: <\/strong>If you are a member of the proposed Class, you may move the court no later than September 29, 2026<\/u><\/strong> to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.<\/p>\n

The complaint alleges \u201ca scheme to manipulate the market for Avis securities, orchestrated by Defendants [Pentwater Capital Management LP] and [Pentwater\u2019s Founder, Chief Investment Officer Matthew Halbower].\u201d Further, the complaint alleges \u201c[t]aking advantage of Pentwater\u2019s position as one of Avis\u2019s largest shareholders, holding a total economic interest of approximately 51% of the Company through stocks and cash-settled swaps as of March 2026, Defendants\u2019 aggressive purchasing of Avis stock during the Class Period triggered unusual volatility and a short squeeze in the market for Avis securities \u2013 i.e., a rapid surge in the Company\u2019s stock price caused by short sellers buying back shares to cut their losses, thereby fueling further price spikes \u2013 all of which served to greatly increase the value of Pentwater\u2019s holdings of Avis stock.\u201d<\/p>\n

\n WHY CONTACT KAPLAN FOX?<\/strong>\n <\/p>\n

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.<\/p>\n

Kaplan Fox is widely regarded as one of the nation’s premier plaintiffs’ securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America<\/em>\u2014the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act\u2014$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors<\/em>, and a $475 million settlement in In re Merrill Lynch<\/em>.<\/p>\n

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.<\/p>\n

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.<\/p>\n

If you have any questions about this Notice, your rights, or your interests, please contact:<\/p>\n

\n CONTACT:<\/strong>
\n
Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP<\/a>
800 Third Avenue, 38th Floor
New York, New York\u00a010022
(646) 315-9003
pmayer@kaplanfox.com<\/a><\/p>\n

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP<\/a>
1999 Harrison Street, Suite 1501
Oakland, California 94612
(415) 772-4704
lking@kaplanfox.com<\/a><\/p>\n

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.<\/p>\n

\n https:\/\/www.kaplanfox.com\/case\/avis-budget-group-inc-investor-alert-learn-more-now\/<\/a>\n <\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Sept. 17, 2026 (GLOBE NEWSWIRE) — Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Avis Budget Group, Inc. (\u201cAvis\u201d or the \u201cCompany\u201d) (NASDAQ: CAR) on behalf of investors that purchased or otherwise acquired Avis securities between February 20, 2025 and April 21, 2026 (the \u201cClass Period\u201d). CLICK HERE TO JOIN THE CASE If you are an investor in Avis and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing pmayer@kaplanfox.com or by calling (646) 315-9003. DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than September 29, 2026 to serve as a lead … <\/p>\n

Continue reading “Kaplan Fox Reminds Avis Budget Group, Inc. (NASDAQ: CAR) Investors with Significant Losses to Seek a Leadership Role Before Deadline on September 29, 2026”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1004281","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nKaplan Fox Reminds Avis Budget Group, Inc. 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