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ROSEN, A LONGSTANDING LAW FIRM, Encourages Avis Budget Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action Against Pentwater Capital Management LP - CAR
GlobeNewswire Inc.·
Rosen Law Firm has filed a class action lawsuit against Pentwater Capital Management LP and its CEO Matthew Halbower, alleging they orchestrated a market manipulation scheme involving Avis Budget Group securities. The defendants allegedly used their position as a major shareholder (holding ~51% economic interest) to aggressively purchase Avis stock during February 2025 to April 2026, triggering a short squeeze and artificial price volatility that benefited their holdings. Investors who purchased Avis securities during this period may be eligible for compensation.
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