Kuehn Law Encourages Investors of Avis Budget Group, Inc. to Contact Law Firm

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].