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Avis Hit With Investor Suit Over $2.3B Fleet Impairment

By Sydney Price ( April 28, 2025, 10:24 PM EDT) -- Car rental company Avis Budget Group has been hit with a proposed shareholder class action alleging it harmed investors when it concealed a strategy shift late last year that accelerated fleet rotation and led to a $2.3 billion impairment charge....

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