Verra Mobility Corporation (VRRM) Receives Termination Notice From Avis Budget Group, Stock Tanks Over 70%; Hagens Berman Investigating

SAN FRANCISCO, May 27, 2026 (GLOBE NEWSWIRE) -- On May 27, 2026, investors in Verra Mobility Corporation (NASDAQ: VRRM) saw the price of their shares crater as much as $9.68 (-74%) on the company's disclosure that it received a termination notice from Avis Budget Group. The development and severe market reaction have prompted national shareholder rights firm Hagens Berman to open an investigation into whether Verra has been sufficiently transparent about its relationship with Avis and, if not, whether the company may have violated the federal securities laws.