Avis Budget Group Was Paid $650M Cash Settlement On October 5, 2026; Settlement Payment Approved By Court To Be Recognized In Q4 Financials; Settlement With Pentwater Capital Management LP Resolves Short-Swing Profits Lawsuit
On October 5, 2026, Avis Budget Group, Inc. (the "Company") was paid a settlement amount of $650,000,000 in cash (the "Settlement Amount"), pursuant to the previously reported Settlement and Release
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Why It Matters
Avis just got paid $650 million to settle a lawsuit. This big cash payment will show up in their fourth quarter results.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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