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Kuehn Law Encourages Investors of Avis Budget Group, Inc. to Contact Law Firm

1. Kuehn Law is investigating potential fiduciary breaches by Avis directors. 2. Federal lawsuit claims Avis misrepresented its fleet rotation plan's impact. 3. Accelarated fleet rotation may lead to billions in impairment charges. 4. Company's financial prospects were overstated according to the lawsuit. 5. Shareholders are urged to participate and protect their rights.

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FAQ

Why Very Bearish?

The revelation of potential impairment charges could drastically affect CAR’s stock value, reminiscent of past incidents where misrepresentation led to significant drops, such as Enron or Lehman Brothers.

How important is it?

The investigation may result in significant financial penalties or a loss of shareholder confidence, impacting CAR's market standing and investments.

Why Short Term?

Immediate reaction expected due to legal issues, similar to rapid declines seen after earnings revisions or fraud allegations.

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CARHERTZUBERLYFT
NEW YORK, July 02, 2025 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Avis Budget Group, Inc. (NYSE: CAR) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Insiders at Avis caused the company to misrepresent or fail to disclose that (i) Avis Budget crafted and implemented a plan to significantly accelerate its fleet rotation in the fourth quarter of 2024; (ii) the foregoing acceleration shortened the useful life of the majority of the Company's vehicles in the Americas segment, thereby reducing their recoverable value; (iii) as a result, Avis Budget would be forced to recognize billions of dollars in impairment charges and incur substantial losses; (iv) all the foregoing was likely to, and did, have a significant negative impact on the Company's financial results; (v) accordingly, Avis Budget's financial and/or business prospects were overstated; and (vi) as a result, public statements were materially false and misleading at all relevant times. If you currently own CAR and purchased prior to February 15, 2024 please contact Justin Kuehn, Esq. here, by email at justin@kuehn.law or call (833) 672-0814.  Kuehn Law pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.   Why Your Participation Matters: As a shareholder your voice matters, and by getting involved, you contribute to the integrity and fairness of the financial markets. Your investment. Your voice. Your future.™   For additional information, please visit Shareholder Derivative Litigation - Kuehn Law. Attorney advertising. Prior results do not guarantee similar outcomes. Contacts:Kuehn Law, PLLCJustin Kuehn, Esq.53 Hill Street, Suite 605 Southampton, NY 11968justin@kuehn.law(833) 672-0814

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