LOS ANGELES, CA / ACCESS Newswire / February 25, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Avis Budget Group, Inc. ("Avis Budget" or "the Company") (NASDAQ:CAR) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Avis Budget released its financial results for Q4 2024 and full year 2024 on February 11, 2025. The Company reported a loss of $55.66 per share in Q4 versus a profit of $7.10 in Q4 2023. The Company also announced its CEO would "transition from CEO to Board Advisor, effective June 30, 2025," with its Chief Transformation Officer taking over the CEO role at that time. Based on this news, shares of Avis Budget fell by 6.82% on the same day.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com
SOURCE: The Schall Law Firm
View the original press release on ACCESS Newswire
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