{"success":true,"data":{"pressRelease":{"id":"148955","rtpr_id":"nPn5VRD81a-20260921","ticker":"CAR","exchange":"NASDAQ","all_tickers":["CAR"],"title":"Avis Budget Deadline: CAR Investors Have Opportunity to Lead Avis Budget Group, Inc. Securities Fraud Lawsuit Against Pentwater Capital Management LP","author":"PR Newswire","published_at":"2026-09-21T20:49:00.051Z","article_body":"Avis Budget Deadline: CAR Investors Have Opportunity to Lead Avis Budget Group, Inc. Securities Fraud Lawsuit Against Pentwater Capital Management LP\nPR Newswire\n\nNEW YORK, Sept. 21, 2026\n\nNEW YORK, Sept. 21, 2026 /PRNewswire/ --\n\nWhy: Rosen Law Firm, a global investor rights law firm, reminds purchasers of\nsecurities of Avis Budget Group, Inc. (NASDAQ: CAR), including those who\nbought Avis common stock to cover a short position, between February 20, 2025\nand April 21, 2026, inclusive (the \"Class Period\"), of the\nimportant September 29, 2026 lead plaintiff deadline.\n\nSo what: If you purchased Avis securities during the Class Period you may be\nentitled to compensation without payment of any out of pocket fees or costs\nthrough a contingency fee arrangement.\n\nWhat to do next: To join the Avis class action, go to\nhttps://rosenlegal.com/cases/avis-budget-group-inc-2026/join\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4779183-1&h=1660476588&u=https%3A%2F%2Frosenlegal.com%2Fcases%2Favis-budget-group-inc-2026%2Fjoin&a=https%3A%2F%2Frosenlegal.com%2Fcases%2Favis-budget-group-inc-2026%2Fjoin)\n or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\ncase@rosenlegal.com (mailto:case@rosenlegal.com)  for information on the\nclass action. A class action lawsuit has already been filed. If you wish to\nserve as lead plaintiff, you must move the Court no later than September 29,\n2026. A lead plaintiff is a representative party acting on behalf of other\nclass members in directing the litigation.\n\nWhy Rosen Law: We encourage investors to select qualified counsel with a track\nrecord of success in leadership roles. Often, firms issuing notices do not\nhave comparable experience, resources, or any meaningful peer\nrecognition. Many of these firms do not actually handle securities class\nactions, but are merely middlemen that refer clients or partner with law firms\nthat actually litigate the cases. Be wise in selecting counsel. The Rosen Law\nFirm represents investors throughout the globe, concentrating its practice in\nsecurities class actions and shareholder derivative litigation. Rosen Law Firm\nhas achieved the largest ever securities class action settlement against a\nChinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class\nAction Services for number of securities class action settlements in 2017. The\nfirm has been ranked in the top 4 each year since 2013 and has recovered\nbillions of dollars for investors. In 2019 alone the firm secured over $438\nmillion for investors. In 2020, founding partner Laurence Rosen was named by\nlaw360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been\nrecognized by Lawdragon and Super Lawyers.\n\nDetails of the case: According to the lawsuit, defendants Pentwater Capital\nManagement LP and Matthew Halbower (Pentwater's CEO, CIO and Founder)\norchestrated a scheme to manipulate the market for Avis securities. Taking\nadvantage of Pentwater's position as one of Avis's largest shareholders,\nholding a total economic interest of approximately 51% of Avis through stocks\nand cash-settled swaps as of March 2026, defendants' aggressive purchasing of\nAvis stock during the Class Period triggered unusual volatility and a short\nsqueeze in the market for Avis securities – i.e., a rapid surge in Avis's\nstock price caused by short sellers buying back shares to cut their losses,\nthereby fueling further price spikes – all of which served to greatly\nincrease the value of Pentwater's holdings of Avis stock.\n\nTo join the Avis class action, go to\n https://rosenlegal.com/cases/avis-budget-group-inc-2026/join\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4779183-1&h=1660476588&u=https%3A%2F%2Frosenlegal.com%2Fcases%2Favis-budget-group-inc-2026%2Fjoin&a=https%3A%2F%2Frosenlegal.com%2Fcases%2Favis-budget-group-inc-2026%2Fjoin)\n or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\ncase@rosenlegal.com (mailto:case@rosenlegal.com)  for information on the\nclass action.\n\nNo Class Has Been Certified. Until a class is certified, you are not\nrepresented by counsel unless you retain one. You may select counsel of your\nchoice. You may also remain an absent class member and do nothing at this\npoint. An investor's ability to share in any potential future recovery is not\ndependent upon serving as lead plaintiff.\n\nFollow us for updates on LinkedIn:\nhttps://www.linkedin.com/company/the-rosen-law-firm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4779183-1&h=4239576750&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&a=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm)\n, on Twitter: https://twitter.com/rosen_firm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4779183-1&h=3335947514&u=https%3A%2F%2Ftwitter.com%2Frosen_firm&a=https%3A%2F%2Ftwitter.com%2Frosen_firm)\n or on Facebook: https://www.facebook.com/rosenlawfirm/\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4779183-1&h=921406935&u=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F&a=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F)\n.\n\nAttorney Advertising. Prior results do not guarantee a similar outcome.\n\nContact Information:\n\n     Laurence Rosen, Esq.\n     Phillip Kim, Esq.\n     The Rosen Law Firm, P.A.\n     275 Madison Avenue, 40th Floor\n     New York, NY 10016\n     Tel: (212) 686-1060\n     Toll Free: (866) 767-3653\n     Fax: (212) 202-3827\n     case@rosenlegal.com (mailto:case@rosenlegal.com)\n     www.rosenlegal.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4779183-1&h=2872238902&u=http%3A%2F%2Fwww.rosenlegal.com%2F&a=www.rosenlegal.com)\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/avis-budget-deadline-car-investors-have-opportunity-to-lead-avis-budget-group-inc-securities-fraud-lawsuit-against-pentwater-capital-management-lp-302885183.html\n(https://www.prnewswire.com/news-releases/avis-budget-deadline-car-investors-have-opportunity-to-lead-avis-budget-group-inc-securities-fraud-lawsuit-against-pentwater-capital-management-lp-302885183.html)\n\nSOURCE THE ROSEN LAW FIRM, P. A.\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1118010/Rosen-Law-Firm-Logo.jpg?id=OA2961298\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn5VRD81a-20260921","title":"Avis Budget Deadline: CAR Investors Have Opportunity to Lead Avis Budget Group, Inc. Securities Fraud Lawsuit Against Pentwater Capital Management LP","author":"PR Newswire","ticker":"CAR","created":"2026-09-21T20:49:00.051Z","tickers":["CAR"],"exchange":"NASDAQ","article_body":"Avis Budget Deadline: CAR Investors Have Opportunity to Lead Avis Budget Group, Inc. Securities Fraud Lawsuit Against Pentwater Capital Management LP\nPR Newswire\n\nNEW YORK, Sept. 21, 2026\n\nNEW YORK, Sept. 21, 2026 /PRNewswire/ --\n\nWhy: Rosen Law Firm, a global investor rights law firm, reminds purchasers of\nsecurities of Avis Budget Group, Inc. (NASDAQ: CAR), including those who\nbought Avis common stock to cover a short position, between February 20, 2025\nand April 21, 2026, inclusive (the \"Class Period\"), of the\nimportant September 29, 2026 lead plaintiff deadline.\n\nSo what: If you purchased Avis securities during the Class Period you may be\nentitled to compensation without payment of any out of pocket fees or costs\nthrough a contingency fee arrangement.\n\nWhat to do next: To join the Avis class action, go to\nhttps://rosenlegal.com/cases/avis-budget-group-inc-2026/join\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4779183-1&h=1660476588&u=https%3A%2F%2Frosenlegal.com%2Fcases%2Favis-budget-group-inc-2026%2Fjoin&a=https%3A%2F%2Frosenlegal.com%2Fcases%2Favis-budget-group-inc-2026%2Fjoin)\n or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\ncase@rosenlegal.com (mailto:case@rosenlegal.com)  for information on the\nclass action. A class action lawsuit has already been filed. If you wish to\nserve as lead plaintiff, you must move the Court no later than September 29,\n2026. A lead plaintiff is a representative party acting on behalf of other\nclass members in directing the litigation.\n\nWhy Rosen Law: We encourage investors to select qualified counsel with a track\nrecord of success in leadership roles. Often, firms issuing notices do not\nhave comparable experience, resources, or any meaningful peer\nrecognition. Many of these firms do not actually handle securities class\nactions, but are merely middlemen that refer clients or partner with law firms\nthat actually litigate the cases. Be wise in selecting counsel. The Rosen Law\nFirm represents investors throughout the globe, concentrating its practice in\nsecurities class actions and shareholder derivative litigation. Rosen Law Firm\nhas achieved the largest ever securities class action settlement against a\nChinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class\nAction Services for number of securities class action settlements in 2017. The\nfirm has been ranked in the top 4 each year since 2013 and has recovered\nbillions of dollars for investors. In 2019 alone the firm secured over $438\nmillion for investors. In 2020, founding partner Laurence Rosen was named by\nlaw360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been\nrecognized by Lawdragon and Super Lawyers.\n\nDetails of the case: According to the lawsuit, defendants Pentwater Capital\nManagement LP and Matthew Halbower (Pentwater's CEO, CIO and Founder)\norchestrated a scheme to manipulate the market for Avis securities. Taking\nadvantage of Pentwater's position as one of Avis's largest shareholders,\nholding a total economic interest of approximately 51% of Avis through stocks\nand cash-settled swaps as of March 2026, defendants' aggressive purchasing of\nAvis stock during the Class Period triggered unusual volatility and a short\nsqueeze in the market for Avis securities – i.e., a rapid surge in Avis's\nstock price caused by short sellers buying back shares to cut their losses,\nthereby fueling further price spikes – all of which served to greatly\nincrease the value of Pentwater's holdings of Avis stock.\n\nTo join the Avis class action, go to\n https://rosenlegal.com/cases/avis-budget-group-inc-2026/join\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4779183-1&h=1660476588&u=https%3A%2F%2Frosenlegal.com%2Fcases%2Favis-budget-group-inc-2026%2Fjoin&a=https%3A%2F%2Frosenlegal.com%2Fcases%2Favis-budget-group-inc-2026%2Fjoin)\n or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\ncase@rosenlegal.com (mailto:case@rosenlegal.com)  for information on the\nclass action.\n\nNo Class Has Been Certified. Until a class is certified, you are not\nrepresented by counsel unless you retain one. You may select counsel of your\nchoice. You may also remain an absent class member and do nothing at this\npoint. An investor's ability to share in any potential future recovery is not\ndependent upon serving as lead plaintiff.\n\nFollow us for updates on LinkedIn:\nhttps://www.linkedin.com/company/the-rosen-law-firm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4779183-1&h=4239576750&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&a=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm)\n, on Twitter: https://twitter.com/rosen_firm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4779183-1&h=3335947514&u=https%3A%2F%2Ftwitter.com%2Frosen_firm&a=https%3A%2F%2Ftwitter.com%2Frosen_firm)\n or on Facebook: https://www.facebook.com/rosenlawfirm/\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4779183-1&h=921406935&u=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F&a=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F)\n.\n\nAttorney Advertising. Prior results do not guarantee a similar outcome.\n\nContact Information:\n\n     Laurence Rosen, Esq.\n     Phillip Kim, Esq.\n     The Rosen Law Firm, P.A.\n     275 Madison Avenue, 40th Floor\n     New York, NY 10016\n     Tel: (212) 686-1060\n     Toll Free: (866) 767-3653\n     Fax: (212) 202-3827\n     case@rosenlegal.com (mailto:case@rosenlegal.com)\n     www.rosenlegal.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4779183-1&h=2872238902&u=http%3A%2F%2Fwww.rosenlegal.com%2F&a=www.rosenlegal.com)\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/avis-budget-deadline-car-investors-have-opportunity-to-lead-avis-budget-group-inc-securities-fraud-lawsuit-against-pentwater-capital-management-lp-302885183.html\n(https://www.prnewswire.com/news-releases/avis-budget-deadline-car-investors-have-opportunity-to-lead-avis-budget-group-inc-securities-fraud-lawsuit-against-pentwater-capital-management-lp-302885183.html)\n\nSOURCE THE ROSEN LAW FIRM, P. A.\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1118010/Rosen-Law-Firm-Logo.jpg?id=OA2961298\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-09-21T20:49:00.098314254Z","server_sent_at_ms":1790023740098},"received_at":"2026-09-21T20:49:00.152Z","source_url":"https://www.prnewswire.com/news-releases/avis-budget-deadline-car-investors-have-opportunity-to-lead-avis-budget-group-inc-securities-fraud-lawsuit-against-pentwater-capital-management-lp-302885183.html"},"analysis":{"id":"137513","press_release_id":"148955","analysis_json":{"industry":{"label":"Hotels, Restaurants & Leisure","sector":"Consumer Discretionary"},"redFlags":["Underlying class action alleges market manipulation of CAR shares by ~51% holder Pentwater Capital; no class certified yet"],"eventType":"legal_litigation","narrative":"Rosen Law Firm issued a shareholder-solicitation notice reminding purchasers of Avis Budget Group (NASDAQ: CAR) securities between February 20, 2025 and April 21, 2026 of the September 29, 2026 lead plaintiff deadline in a pending securities fraud class action.\n\nNotably, the defendants are Pentwater Capital Management LP and founder Matthew Halbower -- alleged to hold roughly 51% of Avis through stock and cash-settled swaps -- accused of orchestrating a short squeeze to inflate their holdings, not Avis itself.\n\nNo class has been certified and the release contains no new issuer disclosure; this is routine law-firm investor recruitment and should be treated as low-signal noise.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation naming CAR; the suit targets Pentwater rather than the issuer -- suppress."},"keyFigures":{"customDimensions":{"class_period":"February 20, 2025 - April 21, 2026","lead_plaintiff_deadline":"September 29, 2026","pentwater_economic_interest":"approximately 51%"}},"namedEntities":{"people":[{"name":"Matthew Halbower","role":"Pentwater CEO, CIO and Founder; named defendant"},{"name":"Laurence Rosen, Esq.","role":"Founding partner, Rosen Law Firm"},{"name":"Phillip Kim, Esq.","role":"Attorney contact, Rosen Law Firm"}],"products":[],"companies":[{"name":"The Rosen Law Firm, P.A.","relationship":"plaintiff law firm / release author"},{"name":"Avis Budget Group, Inc.","ticker":"CAR","relationship":"named issuer whose securities are the subject of the class action"},{"name":"Pentwater Capital Management LP","relationship":"defendant; alleged ~51% holder of Avis"}],"dollarAmounts":[{"amount":"$438 million","context":"Rosen Law Firm's claimed 2019 recoveries for investors (firm marketing boilerplate)"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm shareholder solicitation issued by Rosen Law Firm; no new disclosure from Avis, no certified class (release explicitly states none), and no settlement. The lawsuit targets Pentwater Capital Management, a large CAR shareholder, not the issuer itself."},"tickerRelevance":{"others":[],"primary":"CAR"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"lawFirm":"Rosen Law Firm","defendant":"Pentwater Capital Management LP","tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","classCertified":false,"issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Rosen Law Firm issued a shareholder-solicitation notice reminding purchasers of Avis Budget Group (NASDAQ: CAR) securities between February 20, 2025 and April 21, 2026 of the September 29, 2026 lead plaintiff deadline in a pending securities fraud class action.\n\nNotably, the defendants are Pentwater Capital Management LP and founder Matthew Halbower -- alleged to hold roughly 51% of Avis through stock and cash-settled swaps -- accused of orchestrating a short squeeze to inflate their holdings, not Avis itself.\n\nNo class has been certified and the release contains no new issuer disclosure; this is routine law-firm investor recruitment and should be treated as low-signal noise.","key_figures":{"customDimensions":{"class_period":"February 20, 2025 - April 21, 2026","lead_plaintiff_deadline":"September 29, 2026","pentwater_economic_interest":"approximately 51%"}},"named_entities":{"people":[{"name":"Matthew Halbower","role":"Pentwater CEO, CIO and Founder; named defendant"},{"name":"Laurence Rosen, Esq.","role":"Founding partner, Rosen Law Firm"},{"name":"Phillip Kim, Esq.","role":"Attorney contact, Rosen Law Firm"}],"products":[],"companies":[{"name":"The Rosen Law Firm, P.A.","relationship":"plaintiff law firm / release author"},{"name":"Avis Budget Group, Inc.","ticker":"CAR","relationship":"named issuer whose securities are the subject of the class action"},{"name":"Pentwater Capital Management LP","relationship":"defendant; alleged ~51% holder of Avis"}],"dollarAmounts":[{"amount":"$438 million","context":"Rosen Law Firm's claimed 2019 recoveries for investors (firm marketing boilerplate)"}]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-21T20:50:07.655Z","global_importance":15,"audience_relevance":15,"importance_components":{"lawFirm":"Rosen Law Firm","defendant":"Pentwater Capital Management LP","tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","classCertified":false,"issuerAuthored":false}},"durationMs":67470,"modelName":"glm-5.3-flash"}}