Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of Avis Budget Group, Inc. related to misrepresentation and undisclosed information affecting shareholders [1][2]. Group 1: Allegations Against Avis Budget Group - Insiders at Avis Budget allegedly misrepresented or failed to disclose a plan to significantly accelerate fleet rotation in Q4 2024 [2]. - The acceleration of fleet rotation reportedly shortened the useful life of most vehicles in the Americas segment, leading to a reduction in their recoverable value [2]. - As a consequence, Avis Budget is expected to recognize billions of dollars in impairment charges and incur substantial losses [2]. - The aforementioned actions are likely to have a significant negative impact on the company's financial results, overstating its financial and business prospects [2]. - Public statements made by Avis Budget were materially false and misleading during the relevant times [2].

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Avis Budget Group, Inc. due to a class action complaint alleging breaches of fiduciary duties by the board of directors [1][2]. Summary by Relevant Sections Lawsuit Allegations - The lawsuit claims that Avis Budget made materially false and misleading statements and failed to disclose adverse information regarding its business and operations [2]. - Specific allegations include: - Avis Budget implemented a plan to significantly accelerate fleet rotation in Q4 2024 [2]. - This acceleration shortened the useful life of most vehicles in the Americas segment, reducing their recoverable value [2]. - As a result, Avis Budget would need to recognize billions of dollars in impairment charges and incur substantial losses [2]. - The aforementioned actions had a significant negative impact on the company's financial results [2]. - Consequently, Avis Budget's financial and business prospects were overstated [2]. Contact Information - Long-term stockholders of Avis who have information or questions regarding the claims can contact Bragar Eagel & Squire, P.C. via email or phone [3][6].

Group 1: Market Performance - Uber and Avis stocks have recently surged, with Uber increasing by +7% and Avis by +17% amid broader market rallies [1] - Both companies are trading near their 52-week highs, attracting investor attention for potential further upside [1] Group 2: Company Developments - Uber is expanding its fully autonomous robotaxi services to more U.S. cities, including Atlanta, Phoenix, and Austin, through its partnership with Waymo [2] - Avis is enhancing its vehicle fleet with electric models from Kia and Renault, which is expected to improve operational performance and lower maintenance costs [3] Group 3: Financial Outlook - Uber's total sales are projected to grow by 15% in fiscal 2025, nearing $60 billion, although EPS is expected to contract to $2.90 in FY25 before rebounding to $3.53 in FY26 [4] - Avis's sales are expected to slightly decline to $11.71 billion in FY25 but are projected to rise to $11.95 billion in FY26, with EPS forecasted to dip to $2.69 before soaring over 400% to $13.84 in FY26 [5] Group 4: Valuation Metrics - Uber's stock is trading at a forward P/E ratio of 29.4X, which is not considered stretched compared to the S&P 500 [7] - Avis's forward earnings multiple is at 54.7X, which appears stretched, but the expected EPS growth in FY26 may justify this premium [7]

Core Viewpoint - Avis Budget Group, Inc. is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between February 13, 2024, and February 10, 2025 [1][2] Group 1: Allegations and Impact - The lawsuit claims that Avis Budget accelerated its fleet rotation plan in Q4 2024, which shortened the useful life of most vehicles in the Americas segment, leading to reduced recoverable value [2] - As a result of the accelerated fleet rotation, Avis Budget is expected to recognize billions of dollars in impairment charges and incur substantial losses [2] - The financial and business prospects of Avis Budget were allegedly overstated, and the public statements made by the defendants were 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 to be appointed 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, with no obligation to participate [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the United States [4]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Avis Budget Group, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][3]. Group 1: Class Action Details - Investors who purchased Avis Budget securities between February 13, 2024, and February 10, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by June 24, 2025 [3]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked in the top 4 for securities class action settlements since 2013 and recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Avis Budget made false and misleading statements regarding its fleet rotation plan, which significantly shortened the useful life of its vehicles, leading to billions in impairment charges and substantial losses [5]. - The claims suggest that these misstatements had a significant negative impact on Avis Budget's financial results and overstated its business prospects [5].

Core Viewpoint - Avis Budget Group, Inc. is facing a class action securities lawsuit due to alleged securities fraud that occurred between February 13, 2024, and February 10, 2025, which has adversely affected investors [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, leading to reduced recoverable value [2]. - As a result of the accelerated fleet rotation, Avis Budget is expected to recognize billions of dollars in impairment charges and incur substantial losses, negatively impacting the company's financial results [2]. - The allegations suggest that the company's financial and business prospects were overstated, making the public statements materially false and misleading during the relevant period [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until June 24, 2025, to request to be appointed 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 in the lawsuit [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the U.S. [4].

Group 1 - The article focuses on the Canadian residential real estate market, which is not typically on the radar of US investors [1] - The author, Rob Isbitts, emphasizes a non-traditional approach to income investing and aims to guide a community of investors through the modern investment climate [2] Group 2 - The article does not provide any specific financial data or performance metrics related to the Canadian residential real estate market [1][2]

Core Viewpoint - A class action lawsuit has been initiated against Avis Budget Group, Inc. for alleged violations of securities laws, with a final deadline for investors to join the case set for June 24, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit pertains to securities purchased between February 16, 2024, and February 10, 2025, during which the company allegedly made false and misleading statements regarding its fleet management strategy [2][4]. - Avis Budget's plan to accelerate its fleet rotation in Q4 2024 is claimed to have shortened the useful life of its vehicles, leading to significant impairment charges and losses [4]. Group 2: Investor Actions - Investors who suffered losses are encouraged to contact the Schall Law Firm to discuss their rights and potentially participate in the class action [2][3]. - The class has not yet been certified, meaning that until certification occurs, investors are not represented by an attorney [3].

Core Viewpoint - Avis Budget Group, Inc. is facing a class action lawsuit due to alleged misleading statements and undisclosed information regarding its fleet rotation strategy, which resulted in significant financial losses and impairment charges [2][3]. Group 1: Class Action Details - The class action lawsuit represents investors who purchased Avis securities between February 16, 2024, and February 10, 2025 [1]. - The lawsuit claims that Avis Budget's aggressive fleet rotation plan led to a significant reduction in the useful life of its vehicles, resulting in billions of dollars in impairment charges [2]. Group 2: Financial Impact - Avis Budget reported a quarterly loss of $1.96 billion, or $55.66 per share, for the fourth quarter of 2024, a stark contrast to a profit of $259 million, or $7.10 per share, in the same period the previous year [3]. - The loss was attributed to a change in strategy that significantly accelerated fleet rotations, leading to a one-time non-cash impairment of $2.3 billion and additional non-cash charges of $180 million [3]. Group 3: Management Changes - Following the financial report, Avis Budget announced that CEO Joseph A. Ferraro would step down, transitioning to a Board Advisor role, with Brian Choi set to become the new CEO on July 1, 2025 [3]. - The announcement of the management change contributed to a nearly 7% drop in Avis Budget's stock price [3].

Core Viewpoint - Avis Budget Group, Inc. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its fleet rotation plan and its financial implications [3][4]. Group 1: Allegations - The complaint alleges that during the class period from February 13, 2024, to February 10, 2025, Avis Budget implemented a plan to significantly accelerate its fleet rotation in Q4 2024 [3]. - This acceleration reportedly shortened the useful life of the majority of the company's vehicles in the Americas segment, leading to a reduction in their recoverable value [3]. - As a result, Avis Budget is expected to recognize billions of dollars in impairment charges and incur substantial losses, negatively impacting the company's financial results [3]. Group 2: Financial Impact - The allegations suggest that the financial and business prospects of Avis Budget were overstated, which misled investors regarding the company's true performance [3]. - The public statements made by the defendants were materially false and misleading at all relevant times, contributing to the artificial inflation of the company's stock [3]. Group 3: Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action by June 24, 2025, to potentially become lead plaintiffs [4]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the lifecycle of the case [4].