
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].