Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of Hertz Global Holdings, Inc. (NASDAQ: HTZ) between May 7, 2026 and June 23, 2026. Hertz describes itself as “one of the largest vehicle rental companies in the world.”
For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653.
The Allegations: Rosen Law Firm is Investigating the Allegations that Hertz Global Holdings, Inc. (NASDAQ: HTZ) Misled Investors Regarding its Business Operations.
According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Hertz’s liquidity was deteriorating far more rapidly than represented, and Hertz’s available liquidity was not sufficient to fund its operations and obligations for the next twelve months without resorting to a distressed, dilutive financing; (2) the softness in the used-car market that defendants had characterized as “isolated to the quarter” and “transitory” had in fact recurred and was materially depressing Hertz’s net depreciation per unit (“DPU”) and Adjusted Corporate EBITDA; (3) as a result of the foregoing, Hertz was likely to undertake a dilutive, distressed capital raise that would materially harm existing shareholders; and (4) as a result of the foregoing, defendants’ positive statements about Hertz’s business, operations, and liquidity position were materially false and misleading and lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
What Now: You may be eligible to participate in the class action against Hertz Global Holdings, Inc. Shareholders who want to serve as lead plaintiff for the class must file their motions with the court by September 22, 2026. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About Rosen Law Firm: Some law firms issuing releases about this matter do not actually litigate securities class actions. Rosen Law Firm does. Rosen Law Firm is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses, improving corporate governance structures, and holding company executives accountable for their wrongdoing. Since its inception, Rosen Law Firm has obtained over $2 billion for shareholders.
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