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.