{"success":true,"data":{"pressRelease":{"id":"140733","rtpr_id":"nGNX8V3qsd-20260910","ticker":"CAR","exchange":"NASDAQ","all_tickers":["CAR"],"title":"AVIS BUDGET GROUP, INC. INVESTORS WITH LOSSES HAVE UNTIL SEPTEMBER 29, 2026 TO JOIN SECURITIES CLASS ACTION – Bernstein Liebhard LLP Announces Deadline","author":"Globe Newswire","published_at":"2026-09-10T14:30:00.760Z","article_body":"NEW YORK, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a\nnationally acclaimed investor rights law firm, reminds Avis Budget Group, Inc.\n(“Avis” or the “Company”) (NASDAQ: CAR) of the September 29, 2026\ndeadline involving a securities fraud class action lawsuit commenced against\nthe Company.\n\nShould You Join The Avis Class Action Lawsuit\n(https://www.globenewswire.com/Tracker?data=UawrRbbozHIQmgniSUcrT6BsYaWRXwD0tRsdzGwkpueXd9nsIktBGlHRrkwItLJlAy9mxR5KyNGGVx_-tAaGHIcrLPqPP1Pjd4OPI9BdovIvhyQVEuz5MUDH67iLc5xVvf2tg4rZfwXm8VDm4UQoVxOL1KvYy6wtPcdgsOQfk9dJuf4zaRpbI1cJl4Wsjlfze2xOX7z3SwdDEYuPthNtOgMyMiqiMGI-yojwfuQinzM=):\n* Do you, or did you, own shares of Avis Budget Group, Inc. (NASDAQ: CAR)?\n\n\n* Did you purchase your shares between February 20, 2025 and April 21, 2026,\ninclusive?\n\n\n* Did you lose money in your investment in Avis Budget Group, Inc.?\nInvestors are encouraged to act promptly and submit a form at Avis Budget\nGroup, Inc. Shareholder Class Action Lawsuit\n(https://www.globenewswire.com/Tracker?data=UawrRbbozHIQmgniSUcrT5ZbAUL7MebHvAI40BXDhXbVA2T21cFA2izVCbOlIHel4gjCPaIaBAWU2RqmKYM-hGzdbYj-ywkRLpWBYHQwaun42IV5xf-iY-d3QSg8RSYvXmMrwUMxo8CHYiyIwBeftvES2lRmEJHkWHuAxqDkfrq26sFcVqpVxJaNTuMyxi26EgYf-fp1RWEt9JToEac97VE-LMzd4LwJECW00-241zwmuNZ0a-JSlWNthS5a3_l9w0-XQveb1AYO51bglEq0Uw==)\nor contact Investor Relations Manager Peter Allocco at (212)\n951-2030 or pallocco@bernlieb.com.\n\nIf you wish to serve as lead plaintiff for the Class, you must file papers by\nSeptember 29, 2026. A lead plaintiff is a representative party acting on other\nclass members’ behalf in directing the litigation. Your ability to share in\nany recovery doesn’t require that you serve as lead plaintiff. If you choose\nto take no action, you may remain an absent class member.\n\nAll representation is on a contingency fee basis. Shareholders pay no fees or\nexpenses.\n\nAbout The Lawsuit:\n\nA lawsuit was filed on behalf of investors (the “Class”) who purchased or\notherwise acquired Avis securities (including those who bought Avis common\nstock to cover a short position) between February 20, 2025 and April 21, 2026,\ninclusive, alleging violations of the Securities Exchange Act of 1934 against\nthe Company and certain of its senior officers.\n\nThe lawsuit alleges that defendants orchestrated a scheme to manipulate the\nmarket for Avis securities. Taking advantage of Pentwater Capital Management\nLP’s (“Pentwater”) position as one of Avis's largest shareholders,\nholding a total economic interest of approximately 51% of the Company through\nstocks and cash-settled swaps as of March 2026, Defendants' aggressive\npurchasing of Avis stock during the Class Period triggered unusual volatility\nand a short squeeze in the market for Avis securities - i.e., a rapid surge\nin the Company's stock price caused by short sellers buying back shares to cut\ntheir losses, thereby fueling further price spikes - all of which served to\ngreatly increase the value of Pentwater's holdings of Avis stock. When the\ntruth was disclosed, investors allegedly suffered significant losses.\n\nAbout Bernstein Liebhard:\n\nSince 1993, Bernstein Liebhard LLP\n(https://www.globenewswire.com/Tracker?data=Wpc7KpU6THYfQ6JqV4N5cWHyh6wYI-zc68f8IMaVZjTuFhmBAxpxwFfDdTTT0A7m-rpKVL8m5Eu_lKLVe6rTLhXATovDvPSXrL8tGmFAcFA=)\nhas recovered over $3.5 billion for its clients. In addition to representing\nindividual investors, the Firm has been retained by some of the largest public\nand private pension funds in the country to monitor their assets and pursue\nlitigation on their behalf. As a result of its success litigating hundreds of\nclass actions, the Firm has been named to The National Law Journal’s\n“Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for\nsixteen consecutive years.\n\nATTORNEY ADVERTISING. © 2026 Bernstein Liebhard LLP. The law firm responsible\nfor this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New\nYork, New York 10016, (212) 779-1414. Prior results do not guarantee or\npredict a similar outcome with respect to any future matter.\n\nContact Information:\n\nPeter Allocco\nInvestor Relations Manager\nBernstein Liebhard LLP\nhttps://www.bernlieb.com\n(212) 951-2030\npallocco@bernlieb.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/5d514042-8326-4555-8ad7-f6cc765ecfcd)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX8V3qsd-20260910","title":"AVIS BUDGET GROUP, INC. INVESTORS WITH LOSSES HAVE UNTIL SEPTEMBER 29, 2026 TO JOIN SECURITIES CLASS ACTION – Bernstein Liebhard LLP Announces Deadline","author":"Globe Newswire","ticker":"CAR","created":"2026-09-10T14:30:00.760Z","tickers":["CAR"],"exchange":"NASDAQ","article_body":"NEW YORK, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a\nnationally acclaimed investor rights law firm, reminds Avis Budget Group, Inc.\n(“Avis” or the “Company”) (NASDAQ: CAR) of the September 29, 2026\ndeadline involving a securities fraud class action lawsuit commenced against\nthe Company.\n\nShould You Join The Avis Class Action Lawsuit\n(https://www.globenewswire.com/Tracker?data=UawrRbbozHIQmgniSUcrT6BsYaWRXwD0tRsdzGwkpueXd9nsIktBGlHRrkwItLJlAy9mxR5KyNGGVx_-tAaGHIcrLPqPP1Pjd4OPI9BdovIvhyQVEuz5MUDH67iLc5xVvf2tg4rZfwXm8VDm4UQoVxOL1KvYy6wtPcdgsOQfk9dJuf4zaRpbI1cJl4Wsjlfze2xOX7z3SwdDEYuPthNtOgMyMiqiMGI-yojwfuQinzM=):\n* Do you, or did you, own shares of Avis Budget Group, Inc. (NASDAQ: CAR)?\n\n\n* Did you purchase your shares between February 20, 2025 and April 21, 2026,\ninclusive?\n\n\n* Did you lose money in your investment in Avis Budget Group, Inc.?\nInvestors are encouraged to act promptly and submit a form at Avis Budget\nGroup, Inc. Shareholder Class Action Lawsuit\n(https://www.globenewswire.com/Tracker?data=UawrRbbozHIQmgniSUcrT5ZbAUL7MebHvAI40BXDhXbVA2T21cFA2izVCbOlIHel4gjCPaIaBAWU2RqmKYM-hGzdbYj-ywkRLpWBYHQwaun42IV5xf-iY-d3QSg8RSYvXmMrwUMxo8CHYiyIwBeftvES2lRmEJHkWHuAxqDkfrq26sFcVqpVxJaNTuMyxi26EgYf-fp1RWEt9JToEac97VE-LMzd4LwJECW00-241zwmuNZ0a-JSlWNthS5a3_l9w0-XQveb1AYO51bglEq0Uw==)\nor contact Investor Relations Manager Peter Allocco at (212)\n951-2030 or pallocco@bernlieb.com.\n\nIf you wish to serve as lead plaintiff for the Class, you must file papers by\nSeptember 29, 2026. A lead plaintiff is a representative party acting on other\nclass members’ behalf in directing the litigation. Your ability to share in\nany recovery doesn’t require that you serve as lead plaintiff. If you choose\nto take no action, you may remain an absent class member.\n\nAll representation is on a contingency fee basis. Shareholders pay no fees or\nexpenses.\n\nAbout The Lawsuit:\n\nA lawsuit was filed on behalf of investors (the “Class”) who purchased or\notherwise acquired Avis securities (including those who bought Avis common\nstock to cover a short position) between February 20, 2025 and April 21, 2026,\ninclusive, alleging violations of the Securities Exchange Act of 1934 against\nthe Company and certain of its senior officers.\n\nThe lawsuit alleges that defendants orchestrated a scheme to manipulate the\nmarket for Avis securities. Taking advantage of Pentwater Capital Management\nLP’s (“Pentwater”) position as one of Avis's largest shareholders,\nholding a total economic interest of approximately 51% of the Company through\nstocks and cash-settled swaps as of March 2026, Defendants' aggressive\npurchasing of Avis stock during the Class Period triggered unusual volatility\nand a short squeeze in the market for Avis securities - i.e., a rapid surge\nin the Company's stock price caused by short sellers buying back shares to cut\ntheir losses, thereby fueling further price spikes - all of which served to\ngreatly increase the value of Pentwater's holdings of Avis stock. When the\ntruth was disclosed, investors allegedly suffered significant losses.\n\nAbout Bernstein Liebhard:\n\nSince 1993, Bernstein Liebhard LLP\n(https://www.globenewswire.com/Tracker?data=Wpc7KpU6THYfQ6JqV4N5cWHyh6wYI-zc68f8IMaVZjTuFhmBAxpxwFfDdTTT0A7m-rpKVL8m5Eu_lKLVe6rTLhXATovDvPSXrL8tGmFAcFA=)\nhas recovered over $3.5 billion for its clients. In addition to representing\nindividual investors, the Firm has been retained by some of the largest public\nand private pension funds in the country to monitor their assets and pursue\nlitigation on their behalf. As a result of its success litigating hundreds of\nclass actions, the Firm has been named to The National Law Journal’s\n“Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for\nsixteen consecutive years.\n\nATTORNEY ADVERTISING. © 2026 Bernstein Liebhard LLP. The law firm responsible\nfor this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New\nYork, New York 10016, (212) 779-1414. Prior results do not guarantee or\npredict a similar outcome with respect to any future matter.\n\nContact Information:\n\nPeter Allocco\nInvestor Relations Manager\nBernstein Liebhard LLP\nhttps://www.bernlieb.com\n(212) 951-2030\npallocco@bernlieb.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/5d514042-8326-4555-8ad7-f6cc765ecfcd)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-10T14:30:00.804113592Z","server_sent_at_ms":1789050600804},"received_at":"2026-09-10T14:30:00.858Z","source_url":null},"analysis":{"id":"129566","press_release_id":"140733","analysis_json":{"industry":{"label":"Passenger Ground Transportation","sector":"Industrials"},"redFlags":["Active securities fraud class action against Avis alleging market manipulation and a short squeeze tied to Pentwater Capital's ~51% economic interest","Senior officers named as defendants alongside the company under the Securities Exchange Act of 1934"],"eventType":"legal_litigation","narrative":"Bernstein Liebhard LLP, an investor rights law firm, is reminding Avis Budget Group (NASDAQ: CAR) investors of a September 29, 2026 lead-plaintiff deadline in a pending securities fraud class action against the company.\n\nThe underlying suit covers purchasers between February 20, 2025 and April 21, 2026 and alleges that defendants, leveraging Pentwater Capital Management's roughly 51% economic interest in Avis, drove unusual volatility and a short squeeze before the truth was disclosed and investors suffered losses.\n\nThe release itself is law-firm attorney advertising soliciting shareholders on a contingency basis, not a new disclosure from Avis; treat it as low-signal noise, though the manipulation allegations are a background legal risk for the name.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress; the only newsworthy element is the pre-existing manipulation complaint."},"keyFigures":{"customDimensions":{"class_period_end":"April 21, 2026","class_period_start":"February 20, 2025","lead_plaintiff_deadline":"September 29, 2026"}},"quotedText":"The lawsuit alleges that defendants orchestrated a scheme to manipulate the\nmarket for Avis securities.","namedEntities":{"people":[{"name":"Peter Allocco","role":"Investor Relations Manager, Bernstein Liebhard LLP"}],"products":[],"companies":[{"name":"Avis Budget Group, Inc.","ticker":"CAR","relationship":"subject/target of class action"},{"name":"Bernstein Liebhard LLP","relationship":"plaintiff law firm issuing solicitation"},{"name":"Pentwater Capital Management LP","relationship":"alleged largest shareholder (~51% economic interest) named in manipulation allegations"}],"dollarAmounts":[{"amount":"$3.5 billion","context":"amount Bernstein Liebhard LLP says it has recovered for clients since 1993 (firm marketing boilerplate)"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm solicitation issued by Bernstein Liebhard LLP reminding investors of a lead-plaintiff deadline. No new issuer disclosure, no certified class, and no settlement amount; the release is attorney advertising."},"tickerRelevance":{"others":[],"primary":"CAR"},"globalImportance":12,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false,"allegationDetail":"market manipulation / short squeeze claims, no certified class or settlement","householdBrandBoost":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Bernstein Liebhard LLP, an investor rights law firm, is reminding Avis Budget Group (NASDAQ: CAR) investors of a September 29, 2026 lead-plaintiff deadline in a pending securities fraud class action against the company.\n\nThe underlying suit covers purchasers between February 20, 2025 and April 21, 2026 and alleges that defendants, leveraging Pentwater Capital Management's roughly 51% economic interest in Avis, drove unusual volatility and a short squeeze before the truth was disclosed and investors suffered losses.\n\nThe release itself is law-firm attorney advertising soliciting shareholders on a contingency basis, not a new disclosure from Avis; treat it as low-signal noise, though the manipulation allegations are a background legal risk for the name.","key_figures":{"customDimensions":{"class_period_end":"April 21, 2026","class_period_start":"February 20, 2025","lead_plaintiff_deadline":"September 29, 2026"}},"named_entities":{"people":[{"name":"Peter Allocco","role":"Investor Relations Manager, Bernstein Liebhard LLP"}],"products":[],"companies":[{"name":"Avis Budget Group, Inc.","ticker":"CAR","relationship":"subject/target of class action"},{"name":"Bernstein Liebhard LLP","relationship":"plaintiff law firm issuing solicitation"},{"name":"Pentwater Capital Management LP","relationship":"alleged largest shareholder (~51% economic interest) named in manipulation allegations"}],"dollarAmounts":[{"amount":"$3.5 billion","context":"amount Bernstein Liebhard LLP says it has recovered for clients since 1993 (firm marketing boilerplate)"}]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-10T14:30:59.770Z","global_importance":12,"audience_relevance":10,"importance_components":{"tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false,"allegationDetail":"market manipulation / short squeeze claims, no certified class or settlement","householdBrandBoost":false}},"durationMs":20977,"modelName":"glm-5.3-flash"}}