 The New Jersey Law Journal is the authoritative source for news about the law, the courts and the legal profession in New Jersey Federal Judge Puts Voluntary Dismissal of Shareholder Suit Against Avis on Hold
2025-10-29 16:49 UTC by New Jersey Law JournalNicholas Malfitanohttps://feeds.feedblitz.com/-/921128084/0/njlawjournal.jpgSecurities Litigation/Litigation/Automotive/NewsOn Oct. 24, U.S. District Judge Michael E. Farbiarz issued an order that plaintiff Arjun Dua's shareholder lawsuit, accusing Avis and members of its board of directors with violating the Exchange Act and committing breach of fiduciary duty resulting in $1.96 billion in losses for the fourth quarter of 2024, would not be approved for voluntary dismissal. 
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