{"id":988151,"date":"2026-08-01T09:33:11","date_gmt":"2026-08-01T13:33:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hertz-global-holdings-inc-htz-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit\/"},"modified":"2026-08-01T09:33:11","modified_gmt":"2026-08-01T13:33:11","slug":"hertz-global-holdings-inc-htz-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hertz-global-holdings-inc-htz-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit\/","title":{"rendered":"Hertz Global Holdings, Inc. (HTZ) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <b>Did you buy HTZ common stock between May 7, 2026 and June 23, 2026?<\/b>\n      <\/p>\n<p>\n        <b>Affected HTZ Investor Summary<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>\n          <b>Who:<\/b>\u00a0Hertz Global Holdings, Inc. (<a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4743483-1&amp;h=253699231&amp;u=https%3A%2F%2Fwww.benzinga.com%2Fquote%2FHTZ&amp;a=NASDAQ%3A+HTZ\" target=\"_blank\" rel=\"nofollow\">NASDAQ: HTZ<\/a>)<\/li>\n<li>\n          <b>What:<\/b>\u00a0Securities <span class=\"\" title=\"\"><span class=\"\" title=\"\">fraud<\/span><\/span> class action lawsuit filed<\/li>\n<li>\n          <b>Class Period:<\/b>\u00a0May 7, 2026 through June 23, 2026<\/li>\n<li>\n          <b>Deadline to Seek Lead Plaintiff Status:<\/b>\u00a0September 22, 2026<\/li>\n<li>\n          <b>Key Lawsuit Allegations:<\/b>\u00a0Material misstatements and\/or omissions concerning the\u00a0company&#8217;s liquidity and financing.\u00a0 \u00a0\u00a0<\/li>\n<li>\n          <b>Investor Action: <\/b>Contact <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4743483-1&amp;h=1704163248&amp;u=https%3A%2F%2Fwww.ktmc.com%2Fhtz-hertz-global-holdings-inc-class-action-lawsuit%3Futm_source%3DPR_Newswire%26utm_medium%3Dpressrelease%26utm_campaign%3Dhtz%26mktm%3DPR&amp;a=Kessler+Topaz+Meltzer+%26+Check%2C+LLP+(www.ktmc.com\" target=\"_blank\" rel=\"nofollow\">Kessler Topaz Meltzer &amp; Check, LLP (www.ktmc.com<\/a>) for recovery options<\/li>\n<\/ul>\n<p>\n        <span class=\"legendSpanClass\">RADNOR, Pa.<\/span>, <span class=\"legendSpanClass\">Aug. 1, 2026<\/span> \/PRNewswire\/ &#8212; Kessler Topaz Meltzer &amp; Check, LLP (<a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4743483-1&amp;h=1029802701&amp;u=http%3A%2F%2Fwww.ktmc.com%2F&amp;a=www.ktmc.com\" target=\"_blank\" rel=\"nofollow\">www.ktmc.com<\/a><u>)<\/u>, a nationally recognized securities litigation law firm,\u00a0informs investors that a securities <span class=\"\" title=\"\"><span class=\"\" title=\"\">fraud<\/span><\/span> class action lawsuit has been filed against\u00a0Hertz Global Holdings, Inc. (Hertz) (NASDAQ: HTZ) on behalf of those who purchased or acquired Hertz common stock between May 7, 2026 and June 23, 2026, inclusive.\u00a0The lawsuit is filed in the United States District Court for the Middle District of Florida and is captioned <i>Schweitzer v. Hertz Global Holdings, Inc.<\/i>, No. 26-cv-02242 (M.D. Fla.).\u00a0 <b>Investors have until September 22, 2026, to file for lead plaintiff status.<\/b>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <img decoding=\"async\" src=\"https:\/\/mmx.prnewswire.com\/media\/MS669377\/Kessler-Topaz-Meltzer-and-Check-Logo.jpg?id=OA2819972\" title=\"KTMC Icon\" alt=\"KTMC Icon\" \/>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b><br \/>\n          <u>CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:<\/u><br \/>\n        <\/b> \u00a0\u00a0 <br \/>If you purchased or acquired Hertz common stock and have lost money on your investment, please provide your information here:\u00a0<a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4743483-1&amp;h=1988140213&amp;u=https%3A%2F%2Fwww.ktmc.com%2Fhtz-hertz-global-holdings-inc-class-action-lawsuit%3Futm_source%3DPR_Newswire%26utm_medium%3Dpressrelease%26utm_campaign%3Dhtz%26mktm%3DPR&amp;a=https%3A%2F%2Fwww.ktmc.com%2Fhtz-hertz-global-holdings-inc-class-action-lawsuit%3Futm_source%3DPR_Newswire%26utm_medium%3Dpressrelease%26utm_campaign%3Dhtz%26mktm%3DPR\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.ktmc.com\/htz-hertz-global-holdings-inc-class-action-lawsuit?utm_source=PR_Newswire&amp;utm_medium=pressrelease&amp;utm_campaign=htz&amp;mktm=PR<\/a>\u00a0<\/p>\n<p>\n        <b>You can also contact attorney <\/b><br \/>\n        <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4743483-1&amp;h=2465940661&amp;u=https%3A%2F%2Fktmc.com%2Fpeople%2Fjon-naji&amp;a=Jonathan+Naji%2C+Esq.\" target=\"_blank\" rel=\"nofollow\">Jonathan Naji, Esq.<\/a>\u00a0<b>by calling (484) 270-1453 or by email at <\/b><a href=\"mailto:info@ktmc.com\" target=\"_blank\" rel=\"nofollow\">info@ktmc.com<\/a><b>.<\/b>\u00a0 There is no cost or obligation to speak with an attorney.<\/p>\n<p>\n        <b><br \/>\n          <u>HERTZ GLOBAL HOLDINGS, INC.<\/u><br \/>\n        <\/b>\u00a0<b><u>CLASS ACTION LAWSUIT &#8211; COMPLAINT ALLEGATION SUMMARY:<br \/><\/u><\/b>The complaint\u00a0<span class=\"\" title=\"\"><span class=\"\" title=\"\">alleges<\/span><\/span> that, throughout the Class Period, Defendants made materially false and\/or misleading statements, and\/or failed to disclose material adverse facts about the company&#8217;s business, operations, and prospects.\u00a0 Specifically, Defendants misrepresented and\/or failed to disclose that: (1) Hertz&#8217;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; (2) the softness in the used-car market that Defendants had characterized as &#8220;isolated to the quarter&#8221; and &#8220;transitory&#8221; had in fact recurred and was materially depressing Hertz&#8217;s net depreciation per unit and Adjusted Corporate EBITDA; (3) as a result, 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&#8217; positive statements about the company&#8217;s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n<p>\n        <b>Why did Hertz&#8217;s Stock Drop?<br \/><\/b>On June 24, 2026, before the market opened, and just weeks after assuring investors that Hertz&#8217;s liquidity would be &#8220;sufficient to fund our operating activities and obligations for the next twelve months and for the foreseeable future thereafter&#8221;, and with projected year-end liquidity &#8220;north of $1.5 billion,&#8221; Hertz announced a massive dilutive capital raise.\u00a0 Specifically, Hertz intended to offer $300 million of Exchange Senior First-Lien Secured PIK Notes due 2030, as well as a concurrent share-lending offering of more than 37 million shares of common stock. Additionally, Hertz disclosed that &#8220;unexpected softness in the used car market&#8221; had caused losses on vehicle sales in May 2026 and would drive second-quarter Adjusted Corporate EBITDA down to a range of just $50 million to $80 million. On this news, Hertz&#8217;s stock price declined by $2.06 per share, or more than 40%, to close at $3.00 per share on June 24, 2026.<\/p>\n<p>\n        <b><br \/>\n          <u>WHAT HERTZ GLOBAL HOLDINGS, INC. INVESTORS CAN DO NOW:<\/u><br \/>\n        <\/b>\n      <\/p>\n<ol type=\"1\">\n<li>File to be lead plaintiff by September 22, 2026.<\/li>\n<li>Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.<\/li>\n<li>Retain counsel of choice or take no action.<\/li>\n<\/ol>\n<p>\n        <b><br \/>\n          <u>THE LEAD PLAINTIFF PROCESS FOR HERTZ GLOBAL HOLDINGS, INC. INVESTORS:<br \/><\/u><br \/>\n        <\/b>Hertz investors may, <b><i><u>no later than September 22, 2026,<\/u><\/i><\/b>\u00a0seek to be appointed as a lead plaintiff representative of the class through <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4743483-1&amp;h=127666162&amp;u=https%3A%2F%2Fwww.ktmc.com%2Fhtz-hertz-global-holdings-inc-class-action-lawsuit%3Futm_source%3DPR_Newswire%26utm_medium%3Dpressrelease%26utm_campaign%3Dhtz%26mktm%3DPR&amp;a=Kessler+Topaz+Meltzer+%26+Check%2C+LLP\" target=\"_blank\" rel=\"nofollow\">Kessler Topaz Meltzer &amp; Check, LLP<\/a>\u00a0or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.\u00a0\u00a0The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.<\/p>\n<p>\n        <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4743483-1&amp;h=4202695560&amp;u=https%3A%2F%2Fwww.ktmc.com%2F&amp;a=Kessler+Topaz+Meltzer+%26+Check%2C+LLP\" target=\"_blank\" rel=\"nofollow\">Kessler Topaz Meltzer &amp; Check, LLP<\/a>\u00a0encourages Hertz investors to contact the firm for more information.<\/p>\n<p>\n        <b><br \/>\n          <u>ABOUT KESSLER TOPAZ MELTZER &amp; CHECK, LLP (KTMC):<\/u><br \/>\n        <\/b> \u00a0 <br \/>Kessler Topaz Meltzer &amp; Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-<span class=\"\" title=\"\"><span class=\"\" title=\"\">fraud<\/span><\/span> class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4743483-1&amp;h=4124618963&amp;u=https%3A%2F%2Fwww.ktmc.com%2Fnews%2Fktmc-recognized-as-a-band-1-firm-in-chambers-usa-2026%2F&amp;a=Chambers+%26+Partners+USA+2026+as+a+Band+1+Top+Firm\" target=\"_blank\" rel=\"nofollow\">Chambers &amp; Partners USA 2026 as a Band 1 Top Firm<\/a>\u00a0in Securities and Class Actions, <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4743483-1&amp;h=2863636690&amp;u=https%3A%2F%2Fwww.ktmc.com%2Fnews%2Fktmc-earns-tier-1-rankings-in-legal-500-united-states-2026%2F&amp;a=Legal+500%27s+Tier+1+Rankings+for+Securities+and+M%26A+Litigation\" target=\"_blank\" rel=\"nofollow\">Legal 500&#8217;s Tier 1 Rankings for Securities and M&amp;A Litigation<\/a>, The National Law Journal&#8217;s Plaintiff&#8217;s Hot List and Trailblazers in Plaintiffs&#8217; Law, BTI Consulting Group&#8217;s Honor Roll of Most Feared Law Firms, The Legal Intelligencer&#8217;s <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4743483-1&amp;h=2291954606&amp;u=https%3A%2F%2Fwww.ktmc.com%2Fnews%2Fktmc-named-2026-class-action-litigation-firm-of-the-year%2F&amp;a=Class+Action+Firm+of+the+Year\" target=\"_blank\" rel=\"nofollow\">Class Action Firm of the Year<\/a>, Lawdragon&#8217;s Leading Plaintiff Financial Lawyers, and Law360&#8217;s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.\u00a0 The complaint in this matter was not filed by KTMC.<\/p>\n<p>\n        <b>CONTACT:<br \/><\/b>Jonathan\u00a0Naji, Esq.<br \/>(484) 270-1453<br \/>280 King of Prussia Road<br \/>Radnor, PA 19087<br \/><a href=\"mailto:info@ktmc.com\" target=\"_blank\" rel=\"nofollow\">info@ktmc.com<\/a>\u00a0<\/p>\n<p>May be considered attorney advertising in certain jurisdictions.\u00a0 Past results do not guarantee future outcomes.\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=DC16894&amp;sd=2026-08-01\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/hertz-global-holdings-inc-htz-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-302840331.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/hertz-global-holdings-inc-htz-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-302840331.html<\/a><\/p>\n<p>SOURCE Kessler Topaz Meltzer &amp; Check, LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC16894&amp;Transmission_Id=202608010930PR_NEWS_USPR_____DC16894&amp;DateId=20260801\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Did you buy HTZ common stock between May 7, 2026 and June 23, 2026? Affected HTZ Investor Summary Who:\u00a0Hertz Global Holdings, Inc. (NASDAQ: HTZ) What:\u00a0Securities fraud class action lawsuit filed Class Period:\u00a0May 7, 2026 through June 23, 2026 Deadline to Seek Lead Plaintiff Status:\u00a0September 22, 2026 Key Lawsuit Allegations:\u00a0Material misstatements and\/or omissions concerning the\u00a0company&#8217;s liquidity and financing.\u00a0 \u00a0\u00a0 Investor Action: Contact Kessler Topaz Meltzer &amp; Check, LLP (www.ktmc.com) for recovery options RADNOR, Pa., Aug. 1, 2026 \/PRNewswire\/ &#8212; Kessler Topaz Meltzer &amp; Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm,\u00a0informs investors that a securities fraud class action lawsuit has been filed against\u00a0Hertz Global Holdings, Inc. (Hertz) (NASDAQ: HTZ) on behalf of those who purchased or acquired &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hertz-global-holdings-inc-htz-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Hertz Global Holdings, Inc. (HTZ) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-988151","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hertz Global Holdings, Inc. (HTZ) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hertz-global-holdings-inc-htz-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hertz Global Holdings, Inc. (HTZ) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Did you buy HTZ common stock between May 7, 2026 and June 23, 2026? Affected HTZ Investor Summary Who:\u00a0Hertz Global Holdings, Inc. (NASDAQ: HTZ) What:\u00a0Securities fraud class action lawsuit filed Class Period:\u00a0May 7, 2026 through June 23, 2026 Deadline to Seek Lead Plaintiff Status:\u00a0September 22, 2026 Key Lawsuit Allegations:\u00a0Material misstatements and\/or omissions concerning the\u00a0company&#8217;s liquidity and financing.\u00a0 \u00a0\u00a0 Investor Action: Contact Kessler Topaz Meltzer &amp; Check, LLP (www.ktmc.com) for recovery options RADNOR, Pa., Aug. 1, 2026 \/PRNewswire\/ &#8212; Kessler Topaz Meltzer &amp; Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm,\u00a0informs investors that a securities fraud class action lawsuit has been filed against\u00a0Hertz Global Holdings, Inc. (Hertz) (NASDAQ: HTZ) on behalf of those who purchased or acquired &hellip; Continue reading &quot;Hertz Global Holdings, Inc. 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(HTZ) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/hertz-global-holdings-inc-htz-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit\/","og_locale":"en_US","og_type":"article","og_title":"Hertz Global Holdings, Inc. (HTZ) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - Market Newsdesk","og_description":"PR Newswire Did you buy HTZ common stock between May 7, 2026 and June 23, 2026? Affected HTZ Investor Summary Who:\u00a0Hertz Global Holdings, Inc. (NASDAQ: HTZ) What:\u00a0Securities fraud class action lawsuit filed Class Period:\u00a0May 7, 2026 through June 23, 2026 Deadline to Seek Lead Plaintiff Status:\u00a0September 22, 2026 Key Lawsuit Allegations:\u00a0Material misstatements and\/or omissions concerning the\u00a0company&#8217;s liquidity and financing.\u00a0 \u00a0\u00a0 Investor Action: Contact Kessler Topaz Meltzer &amp; Check, LLP (www.ktmc.com) for recovery options RADNOR, Pa., Aug. 1, 2026 \/PRNewswire\/ &#8212; Kessler Topaz Meltzer &amp; Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm,\u00a0informs investors that a securities fraud class action lawsuit has been filed against\u00a0Hertz Global Holdings, Inc. (Hertz) (NASDAQ: HTZ) on behalf of those who purchased or acquired &hellip; Continue reading \"Hertz Global Holdings, Inc. 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