If you acquired Hertz Global Holdings, Inc. (NASDAQ: HTZ) shares prior to January 6, 2023 and still hold shares today, you can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. Visit https://grabarlaw.com/the-latest/hertz-shareholder-investigation/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call us at 267-507-6085.
WHY? Key allegations in an underlying securities fraud class action have now survived a motion to dismiss. That complaint alleges that, Hertz Global Holdings, Inc. (NASDAQ: HTZ), through certain of its officers, made materially 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.
On October 10, 2025, U.S. District Judge Kyle C. Dudek refused to dismiss claims stemming from two alleged misstatements regarding the company's actual trends in customer demand for electric vehicles.
WHAT YOU CAN DO NOW: If you purchased Hertz Global Holdings, Inc. (NASDAQ: HTZ), shares prior to January 6, 2023 and still hold shares today, you are encouraged to visit https://grabarlaw.com/the-latest/hertz-shareholder-investigation/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085. You can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. $HTZ #Hertz
Contact:
Joshua H. Grabar, Esq.
Grabar Law Office
One Liberty Place
1650 Market Street, Suite 3600
Philadelphia, PA 19103
Tel: 267-507-6085
Email: jgrabar@grabarlaw.com

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