Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Avis To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $100,000 in Avis between February 16, 2024 and February 10, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]  NEW YORK, June 10, 2025 /PRNewswir ...

NEW YORK, June 10, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Avis Budget Group, Inc. ("Avis Budget" or the "Company") (NASDAQ: CAR) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Avis Budget investors who were adversely affected by alleged securities fraud between February 16, 2024 and February 10, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/avis-budget-law ...

Core Insights - Avis Budget Group, Inc. has appointed Daniel Cunha as Chief Financial Officer, effective July 1, 2025, succeeding Izzy Martins who will leave the company on June 30, 2025 [1][4] Company Leadership Changes - Daniel Cunha joins from Orion Services Group where he served as CFO for one year, and has prior experience as CFO at Ocean Spray and Heinz North America [2] - Izzy Martins will assist with the transition until August 31, 2025 [3] Strategic Direction - Brian Choi, the Chief Transformation Officer and incoming CEO, expressed confidence in Cunha's strategic financial leadership and operational expertise, which are expected to be crucial for executing the next phase of the company's strategic plan [4] Company Overview - Avis Budget Group is a leading global provider of mobility solutions with approximately 10,250 rental locations in around 180 countries, operating primarily in North America, Europe, and Australasia [5]

NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Avis Budget Group, Inc. (NASDAQ: CAR). Shareholders who purchased shares of CAR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/avis-budget-loss-submission-form/?id=151934&from=3 CLASS PERIOD: February 16 ...

SAN JOSE, Calif., June 9, 2025 /PRNewswire/ -- Anixa Biosciences, Inc. ("Anixa" or the "Company") (NASDAQ: ANIX), a biotechnology company focused on the treatment and prevention of cancer, today announced that Dr. Robert Wenham, Chair of the Gynecologic Oncology Program at Moffitt Cancer Center, and the principal investigator of the Phase 1 clinical trial of Anixa's ovarian cancer CAR-T immunotherapy, will present an e-poster at the European Society for Medical Oncology ("ESMO") Gynaecological Cancers Congr ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Avis Budget Group, Inc. regarding a class action lawsuit due to allegations of materially false and misleading statements made by the company during the specified class period [1]. Group 1: Allegations - The complaint alleges that Avis Budget implemented a plan to significantly accelerate its fleet rotation in Q4 2024 [1]. - This acceleration reportedly shortened the useful life of most vehicles in the Americas segment, reducing their recoverable value [1]. - As a result, Avis Budget is expected to recognize billions of dollars in impairment charges and incur substantial losses [1]. - The allegations suggest that these actions had a significant negative impact on the company's financial results and overstated its business prospects [1]. Group 2: Class Action Details - The class period for the lawsuit is from February 16, 2024, to February 10, 2025 [1]. - Shareholders are encouraged to register for the class action by June 24, 2025, to potentially be appointed as lead plaintiffs [2]. - There is no cost or obligation for shareholders to participate in the case [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm is committed to ensuring companies adhere to responsible business practices and engage in good corporate citizenship [3].

Core Viewpoint - Avis Budget Group, Inc. is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between February 16, 2024, and February 10, 2025 [1][2] Group 1: Allegations and Impact - The lawsuit claims that Avis Budget implemented a plan to significantly accelerate its fleet rotation in Q4 2024, which shortened the useful life of most vehicles in the Americas segment [2] - This acceleration is alleged to have led to billions of dollars in impairment charges and substantial losses for the company [2] - The financial and business prospects of Avis Budget were reportedly overstated, resulting in materially false and misleading public statements by the defendants [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until June 24, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]

NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Avis Budget Group, Inc. (NASDAQ: CAR) between February 16, 2024 and February 10, 2025, both dates inclusive (the “Class Period”), of the important June 24, 2025 lead plaintiff deadline. SO WHAT: If you purchased Avis Budget securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arr ...

Core Viewpoint - Avis Budget Group, Inc. is facing a class action lawsuit due to significant financial losses reported for Q4 2024, attributed to a strategic shift in fleet rotations that led to substantial impairment charges and misleading statements made to investors [2][3]. Financial Performance - For Q4 2024, Avis reported a loss of $1.96 billion, equating to $55.66 per share, a stark contrast to a profit of $259 million, or $7.10 per share, in the same quarter of the previous year [2]. - The financial loss was primarily due to a one-time non-cash impairment of $2.3 billion and additional non-cash charges of $180 million resulting from the accelerated fleet rotation strategy [2]. Strategic Changes - The company implemented a plan to significantly accelerate fleet rotations, which shortened the useful life of most vehicles in the Americas segment, thereby reducing their recoverable value [3]. - The transition of the CEO to a Board Advisor role was also announced, indicating potential leadership changes within the company [2]. Legal Proceedings - A class action lawsuit has been filed on behalf of investors who acquired Avis securities between February 16, 2024, and February 10, 2025, with a deadline of June 24, 2025, to file a lead plaintiff motion [1][4]. - The lawsuit alleges that the company made materially false and misleading statements regarding its business operations and financial prospects during the class period [3].

Core Viewpoint - Avis Budget Group, Inc. is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between February 16, 2024, and February 10, 2025 [1][2]. Group 1: Allegations and Impact - The lawsuit claims that Avis Budget implemented a plan to significantly accelerate its fleet rotation in Q4 2024, which shortened the useful life of most vehicles in the Americas segment [2]. - This acceleration is alleged to have reduced the recoverable value of the vehicles, leading to billions of dollars in impairment charges and substantial losses for the company [2]. - As a result, the financial and business prospects of Avis Budget were overstated, making the defendants' public statements materially false and misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until June 24, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, indicating no financial obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, highlighting its expertise in complex securities litigation [4].