NEW
YORK, June 20, 2024 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders
of Hertz Global Holdings, Inc. (NASDAQ: HTZ).
Shareholders who purchased shares of HTZ during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/hertz-global-holdings-inc-loss-submission-form/?id=86313&from=4
CLASS PERIOD: April 27,
2023 to April 24, 2024
ALLEGATIONS: The complaint alleges that
during the class period, Defendants issued materially false and/or
misleading statements and/or failed to disclose that: (i) Hertz had
downplayed the financial impact of vehicle depreciation, and/or
overstated its ability to track and manage vehicle depreciation;
(ii) demand for Hertz's EVs was not as strong as Defendants had led
investors to believe; (iii) Hertz had too many vehicles,
particularly EVs, in its fleet to remain profitable; (iv) as a
result of all the foregoing, Hertz was likely to incur significant
losses on the disposition of both its ICE vehicles and EVs; (v) all
the foregoing was likely to, and did, have a significant negative
impact on Hertz's financial results; and (vi) as a result, the
Company's public statements were materially false and misleading at
all relevant times.
DEADLINE: July 30, 2024
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/hertz-global-holdings-inc-loss-submission-form/?id=86313&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of HTZ during the timeframe listed
above, you will be enrolled in a portfolio monitoring software to
provide you with status updates throughout the lifecycle of the
case. The deadline to seek to be a lead plaintiff is July 30, 2024. There is no cost or obligation to
you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content to download
multimedia:https://www.prnewswire.com/news-releases/class-action-filed-against-hertz-global-holdings-inc-htz-seeking-recovery-for-investors--contact-the-gross-law-firm-302177353.html
SOURCE Gross Law Firm