Hertz Global Holdings Inc, HTZ Securities Lawsuit

Company:	Hertz Global Holdings Inc,
Ticker Symbol:	HTZ
Class Period:	Feb-22-12 to Jun-6-14
Date Filed:	Jun-16-14
Lead Plaintiff Deadline:	Aug-15-14
Court:	District of New Jersey
Allegations:

New York, NY: A securities class action lawsuit has been filed on behalf of purchasers of Hertz Global Holdings, Inc. (NYSE:HTZ) securities stock during a class period of February 22, 2012 to June 6, 2014. The lawsuit was filed in the United States District Court for the District of New Jersey, and names Hertz Global Holdings, Inc., The Hertz Corporation, Mark P. Frissora (Chief Executive Officer), Thomas C. Kennedy (Chief Financial Officer), and Elyse Douglas (former Chief Financial Officer) as defendants.

The lawsuit alleges that, throughout the class period, Hertz issued financial statements that were not accurate, did not comply with Generally Accepted Accounting Principles (GAAP), and served to artificially inflate the market price of Hertz's publicly traded securities. Hertz announced on June 6 that its Audit Committee concluded that the financial statements for 2011 would need to be restated, and that the financial statements for 21012 and 2013 would have to be corrected.



If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.

Hertz Global Holdings Inc, HTZ Securities Fraud Legal Help

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