Securities Lawsuit Alert: Hertz Global Holding, Inc. (HTZ) - Contact Levi & Korsinsky Before September 22, 2026
NEW YORK CITY, NY / ACCESS Newswire / July 28, 2026 / Levi & Korsinsky, LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Hertz Global Holding, Inc. (NASDAQ:HTZ) securities.
If you suffered a loss on your Hertz Global Holding, Inc. investment and would like to explore a potential recovery under the federal securities laws, Learn about Hertz Global Holding, Inc. Class Action or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.
THE LAWSUIT: A class action securities lawsuit was filed against Hertz Global Holding, Inc. that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between May 7, 2026 and June 23, 2026.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (a) Hertz's liquidity was deteriorating far more rapidly than represented, and the Company's available liquidity was not sufficient to fund its operations and obligations for the next twelve months without resorting to a distressed, dilutive financing; (b) 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 the Company's net depreciation per unit "DPU" and Adjusted Corporate EBITDA; (c) as a result of the foregoing, the Company was likely to undertake a dilutive, distressed capital raise that would materially harm existing shareholders; and (d) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and liquidity position were materially false and misleading and lacked a reasonable basis at all relevant times.
WHAT'S NEXT? If you purchased Hertz Global Holding, Inc. stock during the relevant time frame - even if you still hold your shares, learn about your rights to seek a recovery. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212) 363-7171
SOURCE: Levi & Korsinsky, LLP