poisar

Stocks · News reference

Avis Budget Group, Pentwater Capital Management File Motion To Settle Previously Announced June 16 Litigation Between Parties; Pentwater To Pay $650 In Cash To Avis

Jul 21, 2026, 12:35 PMBenzinga Newsdesk

Avis Budget Group, Inc. (NASDAQ:CAR) ("Avis" or the "Company") and Pentwater Capital Management LP ("Pentwater" and collectively with Avis, the "Parties") today announced Avis has filed a

Read original sourceMore stocks news

Reference details

Connected markets

Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.

CAR
Source
benzinga
Observed
Jul 21, 2026, 12:35 PM
Checked
Jul 21, 2026, 12:35 PM
Cadence
Captured once, then retained as an archive reference
Status
fresh

Keep reading

  3. Aug 26, 2026, 1:56 AMKahn Swick & Foti, Llc

    Avis Budget Group, Inc. Notice of September 29, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline

    A class action securities lawsuit has been filed against Avis Budget Group and executives, alleging failure to disclose material information and market manipulation. Defendants Pentwater Capital Management and Halbower allegedly orchestrated a scheme involving aggressive stock purchases that triggered a short squeeze, causing Avis stock to surge 419% to $765.94 on April 21, 2026, before collapsing 74.51% by April 28. Investors who purchased Avis securities between February 20, 2025 and April 21, 2026 can apply to be lead plaintiff by September 29, 2026.

    Read original at globenewswire-inc
    CAR