NEW YORK, May 9, 2025 /PRNewswire/ -- Avenue Capital Group today issued the following statement in response to a press release issued by Gina Strum, a former Avenue employee and consultant:

Ms. Strum continues to attempt to use the media as part of her malicious campaign to ruin the reputations of Avenue, Marc Lasry, and Sonia Gardner for financial gain.  Her new press release is one of several that she has issued in her efforts to generate publicity.

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