Investors can contact the law firm at no cost to learn more about recovering their losses

​LOS ANGELES, Feb. 19, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Avis Budget Group, Inc. (“Avis Budget” or “the Company”) (NASDAQ: CAR) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Avis Budget investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: info@portnoylaw.com, to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

The investigation focuses on whether the Company made false or misleading statements or failed to disclose material information to investors.

On February 11, 2025, Avis Budget released its Q4 2024 and full-year financial results, reporting a loss of $55.66 per share, compared to a profit of $7.10 per share in Q4 2023. The Company also announced that its CEO would transition to a Board Advisor role on June 30, 2025, with the Chief Transformation Officer set to assume the position.

Following this news, Avis Budget shares fell 6.82% on the same day.

Please visit our website to review more information and submit your transaction information.

The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bars
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com

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