The Gross Law Firm notifies investors that a class action has commenced in the United States District Court for the Middle District of Florida on behalf of shareholders of Avis Budget Group, Inc. who purchased Securities between February 20, 2025 and April 21, 2026.
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) the Company deceived the investing public; (ii) caused the market price of Avis shares to trade above its true value; and (iii) caused class members to purchase or acquire Avis shares at artificially inflated prices that did not reflect the stock’s true value during the class period. In furtherance of their unlawful scheme, plan, or course of conduct, defendants took the actions alleged herein.
If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in the respective securities during the class periods. Members of the class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No class has yet been certified in the above action. Appointment as Lead Plaintiff is not required to partake in any recovery.
Shareholders have until September 29, 2026 to request that the court appoint them lead plaintiff.
To receive more information, please fill out the form.
