{"id":992918,"date":"2026-08-10T12:51:09","date_gmt":"2026-08-10T16:51:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/htz-investor-alert-hertz-global-holdings-inc-securities-class-action-notice-contact-levi-korsinsky\/"},"modified":"2026-08-10T12:51:09","modified_gmt":"2026-08-10T16:51:09","slug":"htz-investor-alert-hertz-global-holdings-inc-securities-class-action-notice-contact-levi-korsinsky","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/htz-investor-alert-hertz-global-holdings-inc-securities-class-action-notice-contact-levi-korsinsky\/","title":{"rendered":"HTZ Investor Alert: Hertz Global Holdings, Inc. Securities Class Action Notice – Contact Levi & Korsinsky"},"content":{"rendered":"

\nImportant Notice Regarding Alleged Hertz liquidity and used-car market securities fraud: The action alleges investors overpaid while Hertz projected sufficient liquidity and used-car market stability shortly before a dilutive capital raise.
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NEW YORK, Aug. 10, 2026 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Hertz Global Holdings, Inc. (NASDAQ: HTZ) that a class action lawsuit has been filed on behalf of shareholders who purchased securities between May 7, 2026 and June 23, 2026.\u00a0Find out if you could qualify to recover your losses<\/a>. Questions may be directed to Joseph E. Levi, Esq. at jlevi@levikorsinsky.com<\/a> or (212) 363-7500.<\/p>\n

HTZ shares declined more than 40% to close at $3.00 on June 24, 2026. Applications to serve as lead plaintiff must be filed by September 22, 2026.<\/p>\n

\n The Alleged Liquidity and Used-Car Market Securities Fraud<\/strong>\n <\/p>\n

According to the lawsuit, Hertz assured investors that its liquidity position remained sufficient while characterizing the used-car market softness affecting its fleet economics as limited and manageable. The complaint alleges those statements lacked a reasonable basis because liquidity was deteriorating more rapidly than represented and used-car market weakness was allegedly recurring in a way that pressured vehicle residual values.<\/p>\n

The action also focuses on Hertz\u2019s \u201cBack-to-Basics\u201d strategy, which emphasized disciplined fleet rotation, a \u201cBuy Right, Hold Right, Sell Right\u201d framework, and progress toward Net Depreciation per Unit targets. The lawsuit contends that those representations allegedly failed to disclose the risk that Hertz would need distressed, dilutive financing only weeks later.<\/p>\n

\n How Liquidity Assurances Allegedly Affected HTZ Investors<\/strong>\n <\/p>\n

On June 24, 2026, Hertz announced $300 million of Exchangeable Senior First-Lien Secured PIK Notes due 2030, a concurrent share-lending offering of more than 37 million shares, \u201cunexpected softness in the used car market,\u201d and second-quarter Adjusted Corporate EBITDA guidance of only $50 million to $80 million. The next day, the financing was priced on allegedly more dilutive terms, upsized to $350 million with the possibility of up to $400 million.<\/p>\n

\n Key Liquidity Allegations for Shareholders<\/strong>\n <\/p>\n