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Case Status:    DISMISSED    
On or around 08/14/2014 (Court's order of dismissal)

Filing Date: June 13, 2014

Hertz Global Holdings, Inc. ("Hertz") is an American car rental company that operates both domestically and internationally.

According to the law firm press release, the lawsuit alleges that, throughout the class period, Hertz issued financial statements that were not accurate, did not comply with Generally Accepted Accounting Principles, 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 2102 and 2013 would have to be corrected.

On August 14, 2014, the Court issued an Order dismissing this case pursuant to a voluntary dismissal.

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