NEW
YORK, July 12, 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=90354&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=90354&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
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SOURCE The Gross Law Firm
