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Avis Budget Group, Inc. Notice of September 29, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline

GlobeNewswire Inc.·
Avis Budget Group, Inc. Notice of September 29, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline

Kahn Swick & Foti, LLC announces a class action securities lawsuit against Avis Budget Group for alleged market manipulation and failure to disclose material information. The lawsuit covers investors who purchased Avis securities between February 20, 2025 and April 21, 2026. According to the complaint, major shareholder Pentwater Capital Management engaged in aggressive stock purchases that triggered a short squeeze, causing Avis stock to surge 419% to $765.94 on April 21, 2026, before collapsing 74.51% to $182.01 by April 28, 2026. The application deadline for lead plaintiff is September 29, 2026.

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