Pomerantz LLP Notifies Shareholders of Class Action Filing Against Hertz Global Holdings, Inc. – HTZ

Pomerantz LLP announced that a securities class action has been filed against Hertz Global Holdings and is soliciting investors who purchased HTZ securities during the class period to seek lead plaintiff status by September 22, 2026. The suit alleges securities fraud following Hertz's June 24, 2026 disclosure of a $300 million exchangeable notes offering, a concurrent share-lending of more than 37 million shares with no proceeds to the company, and a cut to Q2 Adjusted Corporate EBITDA guidance of $50 million to $80 million, all attributed to "unexpected softness in the used car market" weeks after management had assured investors of liquidity north of $1.5 billion.

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.