Hertz Global Holdings (HTZ) Shareholder Investigation

Shamis & Gentile, P.A. is investigating potential shareholder claims on behalf of Hertz Global Holdings, Inc. (“Hertz” or the “Company”) (NASDAQ: HTZ) involving possible breaches of fiduciary duty and other violations of law by certain current and former directors and officers. Concerned shareholders are advised to contact the firm now.

This inquiry follows recent developments in a federal securities class action, where several allegations survived a motion to dismiss. The underlying complaint alleges that Hertz, through certain executives, made materially false or misleading statements or failed to disclose critical information about vehicle depreciation, residual-value forecasting, and electric-vehicle (“EV”) demand. According to the class action complaint, the Company downplayed the financial impact of vehicle depreciation, overstated its ability to manage that risk, and overstated demand for its EV fleet. Hertz is also alleged to have maintained an oversized fleet; particularly of EVs, that impaired profitability and exposed the Company to significant write-downs.

On October 10, 2025, a U.S. District Court denied Hertz’s motion to dismiss claims related to two alleged misstatements concerning EV demand, allowing those claims to proceed. The complaint alleges that these misstatements and omissions caused Hertz to incur major losses on the sale of both internal-combustion and electric vehicles, resulting in substantial financial harm. Attorneys are reviewing whether the Company’s directors and officers failed to act on warning signs about declining residual values, fleet oversupply, or inadequate risk monitoring, and whether these governance failures damaged Hertz and its shareholders.

If you have held Hertz (NASDAQ: HTZ) shares since at least April 27, 2023, you may be able to seek corporate reforms, the return of funds back to the Company, and a court-approved incentive award for you, all at absolutely no cost.

Shamis & Gentile, P.A. stands out as an advocate for shareholders seeking corporate accountability and governance reforms. The firm is committed to pursuing shareholder actions that benefit companies and their shareholders by recovering damages and implementing meaningful corporate governance improvements. Shamis & Gentile has recovered over $1 billion for consumers nationwide. Its extensive experience, expertise, and resources enable the firm to resolve disputes in a wide range of matters, including shareholder actions, class actions and complex commercial litigation.

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