Group 1 - The investigation into Avis Budget Group, Inc. is focused on potential violations of federal securities laws [1] - The Q4 2025 loss of $856 million was significantly impacted by a material write-down of the company's electric vehicle fleet, which also affected $965 million in asset-backed securities [2][3] - The adjusted loss of $747 million indicates a sharp deterioration in the company's financial condition, contradicting earlier statements from the then-CFO regarding fleet-related charges [3] Group 2 - The write-down of the EV fleet was not disclosed in the January 5, 2026, 8-K filing, raising concerns about transparency [2] - Levi & Korsinsky LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [5]
Investigation Underway: Avis Budget Group, Inc. (CAR) - Contact Levi & Korsinsky Over Securities Law Violations