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

A class action securities lawsuit has been filed against Avis Budget Group and executives, alleging failure to disclose material information and market manipulation. Defendant Pentwater Capital Management, holding ~51% economic interest in Avis, allegedly engaged in aggressive stock purchases that triggered a short squeeze, causing the stock to surge 419% to $765.94 on April 21, 2026, before collapsing 74.51% by April 28. Investors who purchased Avis securities between February 20, 2025 and April 21, 2026 can apply to join the lawsuit by September 29, 2026.