New York, New York--(Newsfile Corp. - July 28, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Hertz Global Holdings, Inc. ("Hertz" or the "Company") (NASDAQ: HTZ) on behalf of investors that purchased or otherwise acquired Hertz common stock between May 7, 2026 and June 23, 2026 (the "Class Period").

CLICK HERE TO JOIN THE CASE

If you are an investor in Hertz and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing pmayer@kaplanfox.com or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than September 22, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

According to the complaint, on June 24, 2026, before the market opened, and just weeks after assuring investors that the Company's liquidity would be "sufficient to fund our operating activities and obligations for the next twelve months and for the foreseeable future thereafter" and projected year-end liquidity "north of $1.5 billion," Hertz announced a massive dilutive capital raise. Further, the complaint alleges that on this news, the price of Hertz's common stock declined more than 40% to close at $3.00 per share on June 24, 2026.

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https://www.kaplanfox.com/case/hertz-global-holdings-inc-class-action-alert-learn-more-now/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306930

Source: Kaplan Fox & Kilsheimer LLP