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REMINDER: Hertz Global Holdings, Inc. Investors With Significant Losses Must Act By September 22, 2026 - Contact Kirby McInerney LLP

HTZ
  • Kirby McInerney LLP reminds Hertz Global Holdings investors of the September 22, 2026 deadline to apply for lead plaintiff status in a pending federal securities class action.
  • The lawsuit covers the class period from May 7, 2026 to June 23, 2026, alleging Hertz made materially false statements regarding liquidity, used-car market softness, & potential dilutive financing.
  • Investors claim Hertz misrepresented its ability to fund operations without distress, ignored recurring used-car market issues depressing net depreciation per unit & Adjusted Corporate EBITDA, & failed to disclose risks of a dilutive capital raise.
  • On June 24, 2026, Hertz announced a $300 million capital raise via Exchange Senior First-Lien Secured PIK Notes & a share-lending offering of over 37 million common shares.
  • Hertz disclosed that unexpected used-car market softness caused May 2026 vehicle sales losses & reduced second-quarter Adjusted Corporate EBITDA to $50 million-$80 million.
  • Following the June 24, 2026 announcement, Hertz stock price declined by $2.06 per share (over 40%) to close at $3.00.
  • Potential lead plaintiffs may influence litigation strategy & settlements & must apply by the September 22, 2026 deadline.
  • Investors can contact Lauren Molinaro at Kirby McInerney LLP via email at investigations@kmllp.com or by phone at 212-699-1171 to discuss rights at no cost.