1. Pomerantz LLP investigates claims on behalf of Avis Budget investors. 2. Investors are encouraged to contact the firm regarding potential issues.
Investigation focuses on claims, creating uncertainty around CAR's stability, reminiscent of other legal issues leading to price drops.
Legal scrutiny can impact investor confidence and CAR’s stock price, especially with prior lawsuits affecting valuations.
Investigative news often produces immediate volatility before any resolution is reached, similar to past scenarios.