Bronstein, Gewirtz & Grossman LLC Urges Avis Budget Group, Inc. Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against Pentwater Capital Management and its CEO Matthew Halbower on behalf of Avis Budget Group investors. The complaint alleges that Pentwater, a major shareholder with approximately 51% economic interest, engaged in aggressive stock purchases that artificially inflated Avis's share price and triggered a short squeeze, while making false and misleading statements to investors. The class period covers purchases between February 20, 2025 and April 21, 2026.