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HTZ DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Hertz Global Holdings, Inc. Investors to Secure Counsel Before Important July 30 Deadline in Securities Class Action – HTZ
HertzHertz(US:HTZ) GlobeNewswire News Room·2024-07-17 22:21

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Hertz Global Holdings, Inc. securities between April 27, 2023, and April 24, 2024, of the July 30, 2024, lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - Investors who purchased Hertz securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by July 30, 2024 [2] - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3] Group 2: Allegations Against Hertz - The lawsuit alleges that Hertz made false and misleading statements regarding the financial impact of vehicle depreciation and overstated its ability to manage it [4] - It is claimed that demand for Hertz's electric vehicles was not as strong as represented, and the company had an excess of vehicles in its fleet, particularly EVs, which affected profitability [4] - The lawsuit asserts that these misrepresentations led to significant financial losses for Hertz, impacting its overall financial results [4]