Avis Budget derivative suits voluntarily dismissed; shareholder intervention deadline April 13, 2026

AVIS BUDGET GROUP, INC.

Plaintiffs Jones (filed June 6, 2025) and Dua (filed Sept 9, 2025) seek to voluntarily dismiss derivative suits without prejudice.
Suits alleged misleading statements about fleet rotation and impairment after Avis's Feb 2025 disclosure.
Court requires notice to shareholders; intervention motions must be filed by April 13, 2026.
If no shareholder intervenes, dismissals will be approved and the suits ended without prejudice.
No settlement, admission, or financial payment is part of the proposed dismissal.

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