If you have suffered a loss on your Hertz Global Holdings, Inc. (“Hertz” or the “Company”) (NASDAQ: HTZ) investment, contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost.

Investors have until September 22, 2026 to ask the Court to appoint them as lead plaintiff. Courts do not consider applications filed after this deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions. Learn more about the lead plaintiff process and eligibility requirements here.

[CONTACT THE FIRM IF YOU SUFFERED A LOSS]

What Is The Lawsuit About?

The lawsuit has been filed on behalf of investors who purchased securities during the period of May 7, 2026 and June 23, 2026, inclusive (“the Class Period”). The lawsuit alleges that Hertz made materially false and misleading statements and/or failed to disclose the following adverse facts: (i) Hertz’s liquidity was deteriorating far more rapidly than represented, and the Company’s available liquidity was not sufficient to fund its operations and obligations for the next twelve months as management had represented, without resorting to a distressed, dilutive financing; (ii) the softness in the used-car market that the Company had previously characterized as “isolated to the quarter” and “transitory” had in fact recurred and was materially depressing the Company’s net depreciation per unit (“DPU”) and Adjusted Corporate EBITDA; (iii) as a result of the foregoing, the Company was likely to undertake a dilutive, distressed capital raise that would materially harm existing shareholders; and (iv) as a result of the foregoing, Defendant’s positive statements about Hertz’s business, operations, and liquidity position were materially false and misleading and lacked a reasonable basis.

On June 24, 2026, Hertz announced a dilutive capital raise. The Company intended to offer $300 million of Exchange Senior First-Lien Secured PIK Notes due 2030, as well as a concurrent share-lending offering of more than 37 million shares of common stock. Additionally, the Company disclosed that “unexpected softness in the used car market” had caused losses on vehicle sales in May 2026 and would drive second-quarter Adjusted Corporate EBITDA down to $50 million to 80 million. On this news, Hertz’s stock price declined by $2.06 per share, or more than 40%, to close at $3.00 per share on June 24, 2026.

[CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION]

What Should I Do?

If you purchased or otherwise acquired Hertz securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

[WHAT IS A SECURITIES CLASS ACTION?]

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

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