<p>New York, New York--(Newsfile Corp. - August 12, 2026) - <a href="https://api.newsfilecorp.com/re...

<p>New York, New York--(Newsfile Corp. - August 12, 2026) - <a href="https://api.newsfilecorp.com/redirect/xEoopTVnxY">Kaplan Fox &#38; Kilsheimer LLP</a> announces that a class action lawsuit has been filed against Avis Budget Group, Inc. ("Avis" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/CAR">CAR</a>) on behalf of investors that purchased or otherwise acquired Avis securities between February 20, 2025 and April 21, 2026 (the "Class Period").</p><p style="text-align: center;"><a href="https://api.newsfilecorp.com/redirect/7n44kIPya7">CLICK HERE TO JOIN THE CASE</a></p><p><b>If you are an investor in Avis and have suffered losses, you may </b><a href="https://api.newsfilecorp.com/redirect/ejRRrIQAaV"><b>CLICK HERE</b></a><b> to contact us. You may also contact Kaplan Fox by emailing </b><a href="mailto:pmayer@kaplanfox.com"><b>pmayer@kaplanfox.com</b></a><b> or by calling (646) 315-9003.</b></p><p><b>DEADLINE REMINDER: </b>If you are a member of the proposed Class, you may move the court <u><b>no later than September 29, 2026</b></u> to serve as a lead plaintiff for the purported class.  If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery. </p><p>The complaint alleges "a scheme to manipulate the market for Avis securities, orchestrated by Defendants [Pentwater Capital Management LP] and [Pentwater's Founder, Chief Investment Officer Matthew Halbower]." Further, the complaint alleges "[t]aking advantage of Pentwater's position as one of Avis's largest shareholders, holding a total economic interest of approximately 51% of the Company through stocks and cash-settled swaps as of March 2026, Defendants' aggressive purchasing of Avis stock during the Class Period triggered unusual volatility and a short squeeze in the market for Avis securities &#8212; i.e., a rapid surge in the Company's stock price caused by short sellers buying back shares to cut their losses, thereby fueling further price spikes &#8212; all of which served to greatly increase the value of Pentwater's holdings of Avis stock."</p><p><b>WHY CONTACT KAPLAN FOX?</b></p><p>Kaplan Fox &#38; Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.</p><p>Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in <i>In re Bank of America</i>&#8212;the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act&#8212;$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in <i>ATRS v. Allianz Global Investors</i>, and a $475 million settlement in <i>In re Merrill Lynch</i>.</p><p>For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.</p><p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.</p><p>If you have any questions about this Notice, your rights, or your interests, please contact:</p><div id="contactInfo"><p><b>CONTACT:</b><br />Pamela A. Mayer<br /><a href="https://api.newsfilecorp.com/redirect/87jjBImKWQ">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />800 Third Avenue, 38th Floor<br />New York, New York 10022<br />(646) 315-9003<br /><a href="mailto:pmayer@kaplanfox.com">pmayer@kaplanfox.com</a></p><p>Laurence D. King<br /><a href="https://api.newsfilecorp.com/redirect/y4OOYfyXgq">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />1999 Harrison Street, Suite 1501<br />Oakland, California 94612<br />(415) 772-4704<br /><a href="mailto:lking@kaplanfox.com">lking@kaplanfox.com</a></p></div><p>Contacting or submitting information to Kaplan Fox &#38; Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.</p><p><a href="https://api.newsfilecorp.com/redirect/1KNNjSQOZD">https://www.kaplanfox.com/case/avis-budget-group-inc-investor-alert-learn-more-now/</a></p><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/12532/309040_b8d3ca5c04f7595d_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/A8LLYfXNPM">https://www.newsfilecorp.com/release/309040</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/309040/197" alt="" /></p>

Kaplan Fox Encourages Investors of Avis Budget Group, Inc. (CAR) Who Suffered Losses to Contact the Firm Before September 29, 2026

Class-action alleges Pentwater market manipulation in Avis Budget (CAR) stock

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>&lt;p&gt;New York, New York--(Newsfile Corp. - August 12, 2026) - &lt;a href=&quot;https://api.newsfilecorp.com/re...</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>A Kaplan Fox class-action accuses Pentwater Capital Management of manipulating Avis Budget Group&#039;s stock during Feb 2025–Apr 2026, with Pentwater owning roughly 51% via stock and swaps. The suit foregrounds volatility and potential mispricing tied to large shareholders. Key near-term catalysts are court proceedings and any settlements or updates before Sept 29, 2026.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Class-action alleges market manipulation by Pentwater Capital at Avis Budget Group (CAR) stock during 2025–2026.</li><li>Pentwater holds about 51% economic interest via stocks and swaps (as of March 2026).</li><li>Lead plaintiff deadline: Sept 29, 2026; filing ongoing.</li><li>Case could drive near-term volatility; materiality pending updates.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Avis Budget Group, Inc. (CAR)</strong>: Subject of the securities class action alleging market manipulation; potential litigation risk.</li><li><strong>Pentwater Capital Management LP (N/A)</strong>: Alleged orchestrator; reportedly ~51% economic interest as of March 2026; high influence on shares.</li><li><strong>Matthew Halbower (N/A)</strong>: Pentwater founder and CIO; named defendant in filings; personal exposure could affect settlement talks.</li><li><strong>Kaplan Fox &amp; Kilsheimer LLP (N/A)</strong>: Plaintiff law firm; initiating the action; may influence press and investor perception.</li></ul>
  </section>

  <section data-block="category">
    <h3>Legal</h3>
    <p>Category: Legal; fits due to securities litigation and potential market impact from the lawsuit involving a large shareholder and a high-profile case.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Legal action may trigger near-term volatility in Avis (CAR) shares.</li><li>Updates on court proceedings or settlements could re-rate Avis&#039; valuation.</li><li>Pentwater&#039;s concentrated stake could amplify moves regardless of outcome.</li><li>Media coverage or regulatory commentary could magnify price action.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Class Period: Feb 20, 2025–Apr 21, 2026.</li><li>Lawsuit filed August 12, 2026 (Newsfile Corp.).</li><li>Pentwater&#039;s economic interest ~51% as of March 2026 (via stock and swaps).</li><li>Lead plaintiff deadline: Sept 29, 2026.</li><li>Plaintiff counsel: Kaplan Fox &amp; Kilsheimer LLP.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Maintain a guarded stance on CAR; expect near-term volatility as litigation progresses over 3–6 months.</p>
  </section>
</section>


<article>
  <h2>Kaplan Fox Encourages Avis Budget Group Investors (CAR) with Losses to Contact the Firm by September 29, 2026</h2>

  <p>New York, New York — Kaplan Fox & Kilsheimer LLP announced a class action lawsuit against Avis Budget Group, Inc. (NASDAQ: CAR) on behalf of investors who purchased or acquired Avis securities between February 20, 2025 and April 21, 2026 (the Class Period). The filing targets alleged market manipulation linked to Pentwater Capital Management LP and Pentwater's Founder, Chief Investment Officer Matthew Halbower. A deadline to move as lead plaintiff is set for September 29, 2026, and investors with losses are encouraged to contact the firm to learn more about the lead plaintiff process.</p>

  <p><a href="https://api.newsfilecorp.com/redirect/7n44kIPya7">CLICK HERE TO JOIN THE CASE</a></p>

  <section>
    <h3>Case Overview and Key Facts</h3>
    <ul>
      <li><strong>Company:</strong> Avis Budget Group, Inc. (NASDAQ: CAR)</li>
      <li><strong>Class Period:</strong> February 20, 2025 to April 21, 2026</li>
      <li><strong>Filed By:</strong> Kaplan Fox & Kilsheimer LLP on behalf of investors</li>
      <li><strong>Lead Plaintiff Deadline:</strong> <strong>September 29, 2026</strong></li>
      <li><strong>Alleged actors:</strong> Pentwater Capital Management LP and Pentwater's Founder, Chief Investment Officer Matthew Halbower</li>
    </ul>
  </section>

  <section>
    <h3>Allegations and Direct Quotes from the Complaint</h3>
    <p>The complaint alleges <q>a scheme to manipulate the market for Avis securities, orchestrated by Defendants [Pentwater Capital Management LP] and [Pentwater's Founder, Chief Investment Officer Matthew Halbower].</q></p>
    <p>Further, the complaint alleges <q>[t]aking advantage of Pentwater's position as one of Avis's largest shareholders, holding a total economic interest of approximately 51% of the Company through stocks and cash-settled swaps as of March 2026, Defendants' aggressive purchasing of Avis stock during the Class Period triggered unusual volatility and a short squeeze in the market for Avis securities — i.e., a rapid surge in the Company's stock price caused by short sellers buying back shares to cut their losses, thereby fueling further price spikes — all of which served to greatly increase the value of Pentwater's holdings of Avis stock.</q></p>
  </section>

  <section>
    <h3>Lead Plaintiff Process and Call to Action</h3>
    <p><strong>DEADLINE REMINDER:</strong> If you are a member of the proposed Class, you may move the court <u><strong>no later than September 29, 2026</strong></u> to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.</p>
  </section>

  <section>
    <h3>About Kaplan Fox & Kilsheimer LLP</h3>
    <p>Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than <strong>$10 billion</strong> for clients and the classes it has represented.</p>
    <p>Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a <strong>$2.425 billion</strong> recovery on behalf of Bank of America shareholders in <em>In re Bank of America</em>—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—<strong>$800 million</strong> recovered for the Arkansas Teacher Retirement System and other pension funds in <em>ATRS v. Allianz Global Investors</em>, and a <strong>$475 million</strong> settlement in <em>In re Merrill Lynch</em>.</p>
    <p>For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.</p>
  </section>

  <section>
    <p><em>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.</em></p>
    <p>If you have any questions about this Notice, your rights, or your interests, please contact:</p>

    <div id="contactInfo">
      <p><strong>CONTACT:</strong><br/>Pamela A. Mayer<br/><a href="https://api.newsfilecorp.com/redirect/87jjBImKWQ">KAPLAN FOX & KILSHEIMER LLP</a><br/>800 Third Avenue, 38th Floor<br/>New York, New York 10022<br/>(646) 315-9003<br/><a href="mailto:pmayer@kaplanfox.com">pmayer@kaplanfox.com</a></p>
      <p>Laurence D. King<br/><a href="https://api.newsfilecorp.com/redirect/y4OOYfyXgq">KAPLAN FOX & KILSHEIMER LLP</a><br/>1999 Harrison Street, Suite 1501<br/>Oakland, California 94612<br/>(415) 772-4704<br/><a href="mailto:lking@kaplanfox.com">lking@kaplanfox.com</a></p>
    </div>
    <p>Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.</p>
    <p><a href="https://www.kaplanfox.com/case/avis-budget-group-inc-investor-alert-learn-more-now/">https://www.kaplanfox.com/case/avis-budget-group-inc-investor-alert-learn-more-now/</a></p>
    <p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/12532/309040_b8d3ca5c04f7595d_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p>
    <p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/A8LLYfXNPM">https://www.newsfilecorp.com/release/309040</a></p>
    <p><img src="https://api.newsfilecorp.com/newsinfo/309040/197" alt="" /></p>
  </section>
</article>

A Kaplan Fox class-action accuses Pentwater Capital Management of manipulating Avis Budget Group's stock during Feb 2025–Apr 2026, with Pentwater owning roughly 51% via stock and swaps. The suit foregrounds volatility and potential mispricing tied to large shareholders. Key near-term catalysts are court proceedings and any settlements or updates before Sept 29, 2026.

News insight

Kaplan Fox Encourages Investors of Avis Budget Group, Inc. (CAR) Who Suffered Losses to Contact the Firm Before September 29, 2026

AI summary

Sentiment rationale

Key facts

Legal