EQUITY ALERT: The Rosen Law Firm Announces Investigation of Civil Securities Claims against Hertz Global Holdings, Inc. – HTZ

NEW YORK--()--The Rosen Law Firm, P.A. announces that it is investigating potential civil securities claims against Hertz Global Holdings, Inc. (NYSE:HTZ) resulting from allegations that Hertz may have issued materially inaccurate statements about its true financial condition and prospects.

On June 6, 2014, Hertz disclosed in a U.S. Securities and Exchange Commission (“SEC”) filing that its financial statements for 2011 should no longer be relied upon and must be restated. The restatement stems from errors regarding the capitalization and timing of depreciation for certain non-fleet assets, allowances for doubtful accounts in Brazil, as well as other items. Hertz also said its 2012 and 2013 financial statements will be corrected to reflect such errors. In reaction to this news, shares of Hertz fell $2.76, or over 9%, to close at $27.73 on June 6, 2014.

The Rosen Law Firm is preparing a securities class action lawsuit on behalf of Hertz’s investors. If you purchased Hertz’s stock prior to June 6, 2014 please visit the website at http://rosenlegal.com to join the class action. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

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Contacts

The Rosen Law Firm P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: 212-686-1060
Toll Free: 1-866-767-3653
Fax: 212-202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com

Release Summary

Rosen Law Firm representing Hertz Global Holding shareholders in securities fraud class action - HTZ

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Contacts

The Rosen Law Firm P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: 212-686-1060
Toll Free: 1-866-767-3653
Fax: 212-202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com