Avis Budget Group investors who purchased or acquired the company’s securities during the Feb. 20, 2025-April 21, 2026, Class Period have until Sept. 29, 2026, to seek appointment as lead plaintiff in Hakimian v. Pentwater Capital Management LP, No. 26-cv-02275, pending in the U.S. District Court for the Middle District of Florida. Kahn Swick & Foti said the complaint alleges that Avis and certain executives failed to disclose material information and that Pentwater and Matthew Halbower manipulated Avis securities. The complaint alleges Pentwater held an approximately 51% total economic interest through stock and cash-settled swaps as of March 2026 and bought shares aggressively, contributing to a short squeeze. Avis stock reached $765.94 intraday on April 21, up about 419% from its April 1 opening price of $147.52, before closing at $713.97; it later closed at $182.005 on April 28, a 74.51% decline. An earlier investor notice cited different price and trading figures, including a $847.70 peak and an alleged sale of 4.3 million shares for $1.75 billion. Investors may participate in any recovery without serving as lead plaintiff.