ATLANTA, July 27, 2026 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Hertz Global Holdings, Inc. (“Hertz”) (NASDAQ: HTZ). The lawsuit alleges that Defendants made false and misleading statements and/or failed to disclose material adverse facts regarding Hertz’s business, operations, and financial condition, including allegations that: (a) Hertz’s liquidity was deteriorating far more rapidly than represented, and its available liquidity was not sufficient to fund its operations and obligations for the next twelve months without resorting to a distressed, dilutive financing; (b) 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; and (c) as a result, Hertz was likely to undertake a dilutive, distressed capital raise that would materially harm existing shareholders.
If you purchased Hertz shares between May 7, 2026 and June 23, 2026, and experienced a loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com or Marshall P. Dees, Esq. at mdees@holzerlaw.com, by toll-free telephone at (888) 508-6832, or by visiting the firm’s website at www.holzerlaw.com/case/hertz-global-holdings/ for more information.
The deadline to ask the court to be appointed lead plaintiff in the case is September 22, 2026.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, 2023, and 2025, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
CONTACT:
Marshall P. Dees, Esq.
(888) 508-6832 (toll-free)
mdees@holzerlaw.com
