Investors who hold shares of Hertz Global Holdings, Inc. (NASDAQ: HTZ) should contact the Shareholders Foundation in connection with investigation over potential Wrongdoing

An investigation was announced on behalf of current long-term investors in shares of Hertz Global Holdings, Inc. (NASDAQ: HTZ) concerning potential breaches of fiduciary duties by certain directors and officers of Hertz Global Holdings, Inc.

Investors who are current long term investors in Hertz Global Holdings, Inc. (NASDAQ: HTZ) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: HTZ stocks follows a lawsuit filed against Hertz Global Holdings, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: HTZ stocks, concerns whether certain Hertz Global Holdings, Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Middle District of Florida the plaintiff alleged that the Defendants made false and/or misleading statements and/or failed to disclose that Hertz Global Holdings, Inc. had downplayed the financial impact of vehicle depreciation, and/or overstated its ability to track and manage vehicle depreciation, that demand for Hertz's EVs was not as strong as Defendants had led investors to believe, that Hertz Global Holdings, Inc. had too many vehicles, particularly EVs, in its fleet to remain profitable, that as a result of all the foregoing, Hertz Global Holdings, Inc. was likely to incur significant losses on the disposition of both its ICE vehicles and EVs, that all the foregoing was likely to, and did, have a significant negative impact on Hertz's financial results, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Hertz Global Holdings, Inc. (NASDAQ: HTZ) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.