HTZ - Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Hertz Global Holdings Inc. (HTZ) | Benzinga

LOS ANGELES, June 14, 2024 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming July 30, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Hertz Global Holdings, Inc. ("Hertz" or the "Company") (NASDAQ:HTZ) securities between April 27, 2023 and April 24, 2024, inclusive (the "Class Period").

If you suffered a loss on your Hertz investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/Hertz-Global-Holdings-Inc-1/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.

On January 11, 2024, Hertz disclosed that it would be selling approximately 20,000 electric vehicles ("EVs") from its US rental fleet, about one-third of its global EV fleet, "to better balance supply against expected demand of EVs." The Company advised that "Adjusted Corporate EBITDA for the fourth quarter of 2023 [would] be negatively impacted by the incremental net depreciation expense associated with the EV sales plan, and further burdened by higher depreciation expense in the ordinary course as residual values for vehicles ...

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