Recent Security Class Actions

Hertz Global Holdings Inc Common Stock (NASDAQ: HTZ)

14 Days left to seek lead plaintiff status.

Company Name:Hertz Global Holdings Inc Common Stock
Stock Symbol:NASDAQ: HTZ
Class Period Start:04/27/2023
Class Period End (inclusive):04/24/2024
Filing Deadline:07/30/2024

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) Hertz had downplayed the financial impact of vehicle depreciation, and/or overstated its ability to track and manage vehicle depreciation; (ii) demand for Hertz's EVs was not as strong as Defendants had led investors to believe; (iii) Hertz had too many vehicles, particularly EVs, in its fleet to remain profitable; (iv) as a result of all the foregoing, Hertz was likely to incur significant losses on the disposition of both its ICE vehicles and EVs; (v) all the foregoing was likely to, and did, have a significant negative impact on Hertz's financial results; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.

Hertz Global Holdings Inc Common Stock (NASDAQ: HTZ) Claim Form

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