Car Shareholders Lost Money? Levi & Korsinsky, LLP Probes Reported Vs. Actual Figures

AI BRIEFING

• ⬤ Avis Budget Group reports 11% increase in adjusted EBITDA, but $856M net loss reported.
• ⬤ Investors may have been misled by management's presentation of financial results.
• ⬤ Law firm Levi & Korsinsky, LLP investigating discrepancies between reported and actual figures.