NEW YORK, Aug.  13, 2026  (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds investors who purchased Hertz Global Holdings, Inc. (&#34;Hertz&#34; or the &#34;Company&#34;) (NASDAQ:HTZ) securities to contact Lauren Molinaro

HTZ SHAREHOLDER ALERT: Securities Fraud Lawsuit Filed on Behalf of Hertz Global Holdings, Inc. Investors - Contact Kirby McInerney LLP by September 22, 2026

Hertz Class Action Highlights Liquidity Strain and Planned Dilutive Capital Raise

NEW YORK, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds investors who purchased Hert...

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>NEW YORK, Aug.  13, 2026  (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds investors who purchased Hertz Global Holdings, Inc. (&amp;#34;Hertz&amp;#34; or the &amp;#34;Company&amp;#34;) (NASDAQ:HTZ) securities to contact Lauren Molinaro</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Kirby McInerney LLP has filed a securities class action against Hertz Global Holdings (HTZ) over liquidity concerns and a June 24, 2026 dilutive capital raise. The company plans to issue $300 million of Exchange Senior First-Lien Secured PIK Notes due 2030 and more than 37 million shares, alongside ongoing used-car market softness that pressured second-quarter EBITDA to an estimated $50–$80 million. The outcome could constrain HTZ&#039;s equity value and timing of a potential refinancing.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Hertz HTZ faces securities class action; liquidity concerns cited.</li><li>Dilutive capital raise: $300M PIK notes and 37M+ shares.</li><li>Q2 EBITDA guidance cut to $50M–$80M; used-car softness blamed.</li><li>Lead plaintiff deadline Sept 22, 2026; potential additional dilution risk.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Hertz Global Holdings, Inc. (HTZ)</strong>: Subject of the class action; liquidity risk and planned dilutive financing.</li><li><strong>Kirby McInerney LLP (KMLLP)</strong>: Lead plaintiffs&#039; law firm soliciting HTZ investors; potential influence on settlement.</li><li><strong>Lauren Molinaro (KMLLP)</strong>: Attorney at KMLLP; contact for investors regarding the case.</li></ul>
  </section>

  <section data-block="category">
    <h3>Legal</h3>
    <p>Category: Legal. The article centers on a securities class action against HTZ, with material implications from liquidity concerns and a large dilutive capital raise that could affect equity value and funding strategy.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>June 24, 2026 equity raise news triggered HTZ stock decline of over 40%.</li><li>Liquidity deterioration flags may pressure financing options and debt covenants.</li><li>Lead plaintiff deadline Sept 22, 2026; legal developments could impact equity risk.</li><li>Used-car market softness continues to depress depreciation and EBITDA.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Class Period: May 7, 2026 – June 23, 2026.</li><li>June 24, 2026: Hertz announced $300M Exchange Senior First-Lien Secured PIK Notes due 2030 and 37M+ shares.</li><li>HTZ closed at $3.00 on June 24, 2026, down &gt;40% intraday.</li><li>Second-quarter Adjusted Corporate EBITDA projected to be $50M–$80M.</li><li>Lead plaintiff deadline: September 22, 2026.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term HTZ downside risk persists from dilution and liquidity concerns, with volatility until funding outcomes are clarified.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">NEW YORK, Aug.  13, 2026  (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=o9RVd-7UM6Ipr3gD2hCoNcd4d5WT_H4LOvlQloRxghp3gyk2ppmw78mZhKHS6OR0nOfFv7KI5Xj1X1_75nRnpzlHs_a8_jYDvNr8Rec5A1s=" rel="nofollow" target="_blank">Kirby McInerney LLP</a> reminds investors who purchased Hertz Global Holdings, Inc. ("Hertz" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/HTZ">HTZ</a>) securities to contact <a href="https://www.globenewswire.com/Tracker?data=FV1uiUfA3-c7AKuPkP-cggKP_82SXm8hg1qoC5NUW9TnkcZbzrpSV9BphY0Q9mMR5YUzDH6vVZIaobmOR2gnacrLj_yAAYL-Oi8d_MBX-3euWOyLDs2IPIMK60g7mUJZ" rel="nofollow" target="_blank">Lauren Molinaro</a> of Kirby McInerney LLP by email at <a href="https://www.globenewswire.com/Tracker?data=uDrfsjojEPG08ZosY_sr6jVBDfpBAqMvAelr3dzDIhoCoiTnu_adb3Ficw0K3XavVKE8OwRymFAaqOXln0JQRJFPVQEUn8g0uSU568LAaKXApcnm1XWMCae-kqUeo3IF" rel="nofollow" target="_blank">investigations@kmllp.com</a>, or fill out the contact form below, to discuss your rights or interests in the securities fraud class action lawsuit at no cost.</p>  <p align="justify">If you suffered a loss on your Hertz investments, you have until <strong>September 22, 2026</strong> to request lead plaintiff appointment. Courts do not consider lead plaintiff applications submitted after this deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions. Learn more about the lead plaintiff process and eligibility requirements <a href="https://www.globenewswire.com/Tracker?data=GyRKE0qvXpLgaGBITB8oEAg8_WRwTxbyq4yj4lRwbecrA-aMZL9pHyVMmJX6UQP13QOf0ND-FWOFwYnVVm50OHZ4uOixOdI_pDYyjYm8mF8=" rel="nofollow" target="_blank">here</a>.</p>  <p align="justify">Follow the link below for more information about the lawsuit:</p>  <p align="center">[<a href="https://www.globenewswire.com/Tracker?data=DO1g2J43ka8t_BO9oyulrk0TiYVcD4nWdCbxRKuitdXmdEJhgkOaw-zVOxQxh3pc2qLInDHfKONw-0Fqf0lhY4JbnL_zQLKJMf2EX-TqLD2md_OCj9d_I7mROq8wMqm_ZvzqrFvO8DxqxB5q21i7Q4hfinqBlEPt38Z3_BGlMf2UxxVji0MdRU6mZP4spDb2" rel="nofollow" target="_blank">CONTACT THE FIRM IF YOU SUFFERED A LOSS</a>]</p>  <p align="justify"><strong>What Is The Lawsuit About?</strong></p>  <p align="justify">The lawsuit has been filed on behalf of investors who purchased securities during the period of May 7, 2026 and June 23, 2026, inclusive ("the Class Period"). The lawsuit alleges that Hertz made materially false and misleading statements and/or failed to disclose the following adverse facts: (i) Hertz’s liquidity was deteriorating far more rapidly than represented, and the Company’s available liquidity was not sufficient to fund its operations and obligations for the next twelve months as management had represented, without resorting to a distressed, dilutive financing; (ii) the softness in the used-car market that the Company had previously characterized as "isolated to the quarter" and "transitory" had in fact recurred and was materially depressing the Company’s net depreciation per unit ("DPU") and Adjusted Corporate EBITDA; (iii) as a result of the foregoing, the Company was likely to undertake a dilutive, distressed capital raise that would materially harm existing shareholders; and (iv) as a result of the foregoing, Defendant’s positive statements about Hertz’s business, operations, and liquidity position were materially false and misleading and lacked a reasonable basis.</p>  <p align="justify">On June 24, 2026, Hertz announced a dilutive capital raise. The Company intended to offer $300 million of Exchange Senior First-Lien Secured PIK Notes due 2030, as well as a concurrent share-lending offering of more than 37 million shares of common stock. Additionally, the Company disclosed that "unexpected softness in the used car market" had caused losses on vehicle sales in May 2026 and would drive second-quarter Adjusted Corporate EBITDA down to $50 million to 80 million. On this news, Hertz’s stock price declined by $2.06 per share, or more than 40%, to close at $3.00 per share on June 24, 2026.</p>  <p align="center">[<a href="https://www.globenewswire.com/Tracker?data=YAnX3-KURuMt3tUEQbRDL71c3skB9r3jhzETyJGna3ttmQKfoLTzsrZGfUZ529ybVIIH0Vwu8ZiZmBsypdNFIbbsbBt0x7J7omCp0r8lZMqOhD6Z7JUELWyq5k2TQjxgKpu3CptCLB0jNqcOo25eCJVYRv4Pm7m3_NeOxR0qXo3Fp4n7i3GB93SwXeG_GfU8" rel="nofollow" target="_blank">CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION</a>]</p>  <p align="justify"><strong>What Should I Do?</strong></p>  <p align="justify">If you purchased or otherwise acquired Hertz securities, have information, or would like to learn more about this investigation, please contact <a href="https://www.globenewswire.com/Tracker?data=FV1uiUfA3-c7AKuPkP-cgiJiYGlqAHNm0VEW3XNscYMaWH8UFCNkVHMeYEDJZQZIPLzISJR56nAORHIKChVovrnEbdAQ9DWhKMaNerI7sC-de-7I0rGv_BQ3Bb01a_lC" rel="nofollow" target="_blank">Lauren Molinaro</a> of <a href="https://www.globenewswire.com/Tracker?data=o9RVd-7UM6Ipr3gD2hCoNdFkavxpz1OcQB5-D6wm0wo446PeBYXjr-ujHEOGTVUGU10vbpd2yf01qYEhpInqXZoS-rnIWSrFd8-jDN6VyPs=" rel="nofollow" target="_blank">Kirby McInerney LLP</a> by email at <a href="https://www.globenewswire.com/Tracker?data=uDrfsjojEPG08ZosY_sr6jVBDfpBAqMvAelr3dzDIhp77RpkY4rZ3Ga3mpVHO1B9H8PzlU9htlKCNfxQN87tkOKvLzjxBTW98k3MEL5HScawrs1pyO_CnNFGR2b2HBaw" rel="nofollow" target="_blank">investigations@kmllp.com</a>, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.</p>  <p align="center"><a href="https://www.globenewswire.com/Tracker?data=CJ6gRLHDvwkUcNxTEl1iPH-qLQKEZwo1gUfs0ebB4WGDmrB9fF_RcwE__lrDmuDuCBYcwJSld39bn61RfNp9Mm5HphRFpJ7Yb4glgo1l7NKipsuXg4Qrime6DbfyHI3V" rel="nofollow" target="_blank">[HOW CAN I PROTECT MY RIGHTS?]</a></p>  <p align="justify"><a href="https://www.globenewswire.com/Tracker?data=o9RVd-7UM6Ipr3gD2hCoNcd4d5WT_H4LOvlQloRxghqy9kuWd9fLDY0WqvVZrZxfK9e-Iwcw_2LuU2jQx1qI6UjdVTAv16r5IlqqzbnF1bk=" rel="nofollow" target="_blank">Kirby McInerney LLP</a> is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s <a href="https://www.globenewswire.com/Tracker?data=ZQyid1Idn1zsJ1bJw_BefDUfaBzr2jPMerJbAJwvhKs3ubvriACNKS61Cn6ECvqdyOAaSXh-ComnsMTxv4sFCQ==" rel="nofollow" target="_blank">website</a>.</p>  <p align="justify">This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.</p>  <p align="justify">Contacts<br></br>Kirby McInerney LLP        <br></br>Lauren Molinaro, Esq.<br></br>212-699-1171<br></br><a href="https://www.globenewswire.com/Tracker?data=ieTrXQ7S1IWKT_LddlAJaLWraY7qheRHLMPEnBv57DMWRlxfHYYFfOKn3smZA_t1I0aj5mos5bkCwYD13XN3q1TD-8GMD4OjRoGb04TJnGw=" rel="nofollow" target="_blank">https://www.kmllp.com</a><br></br><a href="https://www.globenewswire.com/Tracker?data=ieTrXQ7S1IWKT_LddlAJaHr0eu6Ufm7xzgKPAb0z1jOGPYpF_AnuvDOvXmWWSfuX4_x4FYwJVH7RfLlxiaGobJIO0FvFpT_1KowpyyGkTjUvutnD5kyO7fgU4DwSvbyXwSNvfUNm1_YGmuV8vfKSkQ==" rel="nofollow" target="_blank">https://securitiesleadplaintiff.com/</a><br></br><a href="https://www.globenewswire.com/Tracker?data=uDrfsjojEPG08ZosY_sr6jVBDfpBAqMvAelr3dzDIhrB4tNxjKfcAU4jQbUIJ-w5gjmibX1yAMKE8g9YThWE_6wP9395OoH5hKD9ei83V6LbdPoYWGzYQL9BpCsnH4qq" rel="nofollow" target="_blank">investigations@kmllp.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgxMDAyMCM3Nzc2Mjc1IzIwMjA2Njk="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/YWQwZmUwOWYtM2NlOS00YTc1LWFkNTAtNmNiM2E4ZjM0OTBlLTEwMzE5OTctMjAyNi0wOC0xNC1lbg==/tiny/Kirby-McInerney-LLP.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/192da1d1-643f-4eee-b850-dde5b9f2b00f"><img src="https://ml.globenewswire.com/media/192da1d1-643f-4eee-b850-dde5b9f2b00f/small/linkedin-logo-300x300-png.png" border="0" width="147" height="147" alt="Primary Logo"></img></a></p>

Kirby McInerney LLP has filed a securities class action against Hertz Global Holdings (HTZ) over liquidity concerns and a June 24, 2026 dilutive capital raise. The company plans to issue $300 million of Exchange Senior First-Lien Secured PIK Notes due 2030 and more than 37 million shares, alongside ongoing used-car market softness that pressured second-quarter EBITDA to an estimated $50–$80 million. The outcome could constrain HTZ's equity value and timing of a potential refinancing.

News insight

HTZ SHAREHOLDER ALERT: Securities Fraud Lawsuit Filed on Behalf of Hertz Global Holdings, Inc. Investors - Contact Kirby McInerney LLP by September 22, 2026

AI summary

Sentiment rationale

Key facts

Legal