{"id":860155,"date":"2025-06-12T13:14:42","date_gmt":"2025-06-12T17:14:42","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/investors-who-lost-money-on-avis-budget-group-inc-car-should-contact-the-gross-law-firm-about-pending-class-action-car\/"},"modified":"2025-06-12T13:14:42","modified_gmt":"2025-06-12T17:14:42","slug":"investors-who-lost-money-on-avis-budget-group-inc-car-should-contact-the-gross-law-firm-about-pending-class-action-car","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investors-who-lost-money-on-avis-budget-group-inc-car-should-contact-the-gross-law-firm-about-pending-class-action-car\/","title":{"rendered":"Investors who lost money on Avis Budget Group, Inc.(CAR) should contact The Gross Law Firm about pending Class Action &#8211; CAR"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, June  12, 2025  (GLOBE NEWSWIRE) &#8212; The Gross Law Firm issues the following notice to shareholders of <strong>Avis Budget Group, Inc. (NASDAQ: CAR).<\/strong><\/p>\n<p>Shareholders who purchased shares of CAR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.<\/p>\n<p align=\"center\">CONTACT US HERE:<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=uo9hbFrtEFfoJgKt6oEAckYGrDfjAmpDMRr-g1_8BlUL66qynj-r_Ic3x8ZxPEGJn-KoBFKXZF-asXblbJaNjA2zsg0TJKIR0eICeLHl1NYkhlLwAePj4af8fhi3PSNkWzUcALDGmcFLo_a3LztBqnCNZGLFJvvFu17Jg-c6I_q6cHcT2J1959kX2DQeFXqNS9p0unIziDs_LtH_02VBzFEOYv_C3WGwlrtHdnI4vSApSp_l15dd1idVWmL57ahw5cY9wD9498x4ARxGPjVyK10IV0W3AZ8mucBUtPdsDs8=\" rel=\"nofollow\" target=\"_blank\">https:\/\/securitiesclasslaw.com\/securities\/avis-budget-loss-submission-form\/?id=152590&amp;from=3<\/a>\n      <\/p>\n<p>\n        <strong>CLASS PERIOD: <\/strong>February 16, 2024 to February 10, 2025<\/p>\n<p>\n        <strong>ALLEGATIONS: <\/strong>The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose 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\u2019s 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\u2019s financial results; (v) accordingly, Avis Budget\u2019s financial and\/or business prospects were overstated; and (vi) as a result, defendants\u2019 public statements were materially false and misleading at all relevant times.<\/p>\n<p>\n        <strong>DEADLINE: June 24, 2025<\/strong> Shareholders should not delay in registering for this class action. Register your information here: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=uo9hbFrtEFfoJgKt6oEAckYGrDfjAmpDMRr-g1_8BlUL66qynj-r_Ic3x8ZxPEGJn-KoBFKXZF-asXblbJaNjA2zsg0TJKIR0eICeLHl1NYkhlLwAePj4af8fhi3PSNkcoHF_uPdQvr6ZwCurPZvr9icYfpFtqUPrp0ETmlwC-O6VvBCzR_ncMlZnSVN6W5i5IXczl5J6SLjZkSHkhbNhqwlrfedPRr6h1qAz1dFPAi8zjX1Nj8irT-1DjisHHsNGNi2gmYL1p4L3pEC21NE_Y3JYrkH9JyF3B6uijiERXI=\" rel=\"nofollow\" target=\"_blank\">https:\/\/securitiesclasslaw.com\/securities\/avis-budget-loss-submission-form\/?id=152590&amp;from=3<\/a>\u00a0<\/p>\n<p>\n        <strong>NEXT STEPS FOR SHAREHOLDERS: <\/strong>Once you register as a shareholder who purchased shares of CAR during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is June 24, 2025. There is no cost or obligation to you to participate in this case.<\/p>\n<p>\n        <strong>WHY GROSS LAW FIRM? <\/strong>The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and\/or misleading statements or the omission of material information by a company lead to artificial inflation of the company&#8217;s stock. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>\n        <strong>CONTACT:<\/strong><br \/>\n        <br \/>The Gross Law Firm<br \/>15 West 38th Street, 12th floor<br \/>New York, NY, 10018<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=tWCyQqD952kIAU5XNBNL1-Ch-xRV5Gyb5hjI9kXIKZ9Vky48WnwuDUQ41QcsA5cc3dh5TGNZGvXZpx6RPdRRSzUFNlbhXwYwzo7KPJ8G2-yYVVjW4hTtCtlz2cTVns4x\" rel=\"nofollow\" target=\"_blank\">dg@securitiesclasslaw.com<\/a>\u00a0<br \/>Phone: (646) 453-8903<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ2NzIwOSM2OTg2OTQxIzIyNTg5MTc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/N2MwY2FmOWQtMzk5NC00ZTcyLTg5YzYtNzY4MDM2M2FjOGE1LTEyNzA0NjctMjAyNS0wNi0xMi1lbg==\/tiny\/The-Gross-Law-Firm.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) &#8212; The Gross Law Firm issues the following notice to shareholders of Avis Budget Group, Inc. (NASDAQ: CAR). Shareholders who purchased shares of CAR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/avis-budget-loss-submission-form\/?id=152590&amp;from=3 CLASS PERIOD: February 16, 2024 to February 10, 2025 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investors-who-lost-money-on-avis-budget-group-inc-car-should-contact-the-gross-law-firm-about-pending-class-action-car\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Investors who lost money on Avis Budget Group, Inc.(CAR) should contact The Gross Law Firm about pending Class Action &#8211; CAR&#8221;<\/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-860155","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Investors who lost money on Avis Budget Group, Inc.(CAR) should contact The Gross Law Firm about pending Class Action - CAR - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investors-who-lost-money-on-avis-budget-group-inc-car-should-contact-the-gross-law-firm-about-pending-class-action-car\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Investors who lost money on Avis Budget Group, Inc.(CAR) should contact The Gross Law Firm about pending Class Action - CAR - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) &#8212; The Gross Law Firm issues the following notice to shareholders of Avis Budget Group, Inc. (NASDAQ: CAR). Shareholders who purchased shares of CAR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/avis-budget-loss-submission-form\/?id=152590&amp;from=3 CLASS PERIOD: February 16, 2024 to February 10, 2025 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose 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 &hellip; Continue reading &quot;Investors who lost money on Avis Budget Group, Inc.(CAR) should contact The Gross Law Firm about pending Class Action &#8211; CAR&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/investors-who-lost-money-on-avis-budget-group-inc-car-should-contact-the-gross-law-firm-about-pending-class-action-car\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-12T17:14:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ2NzIwOSM2OTg2OTQxIzIyNTg5MTc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investors-who-lost-money-on-avis-budget-group-inc-car-should-contact-the-gross-law-firm-about-pending-class-action-car\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investors-who-lost-money-on-avis-budget-group-inc-car-should-contact-the-gross-law-firm-about-pending-class-action-car\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Investors who lost money on Avis Budget Group, Inc.(CAR) should contact The Gross Law Firm about pending Class Action &#8211; 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The Gross Law Firm issues the following notice to shareholders of Avis Budget Group, Inc. (NASDAQ: CAR). Shareholders who purchased shares of CAR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/avis-budget-loss-submission-form\/?id=152590&amp;from=3 CLASS PERIOD: February 16, 2024 to February 10, 2025 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose 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 &hellip; Continue reading \"Investors who lost money on Avis Budget Group, Inc.(CAR) should contact The Gross Law Firm about pending Class Action &#8211; CAR\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/investors-who-lost-money-on-avis-budget-group-inc-car-should-contact-the-gross-law-firm-about-pending-class-action-car\/","og_site_name":"Market Newsdesk","article_published_time":"2025-06-12T17:14:42+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ2NzIwOSM2OTg2OTQxIzIyNTg5MTc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investors-who-lost-money-on-avis-budget-group-inc-car-should-contact-the-gross-law-firm-about-pending-class-action-car\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investors-who-lost-money-on-avis-budget-group-inc-car-should-contact-the-gross-law-firm-about-pending-class-action-car\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Investors who lost money on Avis Budget Group, Inc.(CAR) should contact The Gross Law Firm about pending Class Action &#8211; 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