Deadline on August 15, 2014 in Lawsuit for Investors in

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Deadline on August 15, 2014 in Lawsuit for Investors in Hertz Global Holdings, Inc. (HTZ) Shares Announced by Shareholders Foundation

SAN DIEGO, July 29, 2014 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a deadline is coming up on August 15, 2014 to get actively involved in the lawsuit filed for certain investors in shares of Hertz Global Holdings, Inc. (HTZ) over alleged Securities Laws Violations by Hertz Global Holdings.

If you purchased shares Hertz Global Holdings, Inc. (HTZ), you have certain options and for certain investors are short and strict deadlines running. Deadline: August 15, 2014. HTZ investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges that Hertz Global Holdings, Inc issued financial statements that were not accurate, did not comply with Generally Accepted Accounting Principles (GAAP), and served to artificially inflate the market price of Hertz Global Holdings, Inc's publicly traded securities

On June 6, 2014, Hertz Global Holdings, Inc. disclosed in a filing with the SEC that on May 13, 2014, each of Hertz Global Holdings, Inc. and The Hertz Corporation (collectively referred to herein as "Hertz" or the "Company") delayed the filing of its Form 10-Q for the period ended March 31, 2014.

Hertz Global Holdings, Inc. said that during the preparation of the First Quarter 10-Q, errors were identified relating to Hertz's conclusions regarding the capitalization and timing of depreciation for certain non-fleet assets, allowances for doubtful accounts in Brazil, as well as other items.

Furthermore, Hertz Global Holdings, Inc. said that the Audit Committee has concluded that the financial statements for 2011 should no longer be relied upon, and Hertz must restate them, and that Hertz also needs to correct the 2012 and 2013 financial statements to reflect these errors.

Shares of Hertz Global Holdings, Inc. (HTZ) dropped from over $30 per share on June 5, 2014, to as low as $26.24 per share during June 10, 2014.

Those who purchased shares of Hertz Global Holdings, Inc. (HTZ) have certain options and should contact the Shareholders Foundation, Inc. by e-mail at mail@shareholdersfoundation.com or call +1 (858) 779-1554.

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

Shareholders Foundation, Inc. Michael Daniels +1 (858) 779-1554 3111 Camino Del Rio North Suite 423 San Diego, CA 92108

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Enterprise AI: Bridging Trust Gaps and Unlocking Potential

Updated Category News Views 17

Trusting AI to do the heavy lifting in business intelligence isn't as straightforward as flipping a switch. As organizations clamber onto the AI train, it’s clear they're leaving behind a treasure trove of institutional knowledge. We're talking decades of hard-earned data, research, and insights—just sitting there catching dust. So what's the kicker here? Cultivating...

Continue Reading
Aries Unveils Prediction Markets Amid Midterm Fervor

Updated Category News Views 61

Aries Enters Prediction Markets Ah, Aries is diving into the world of prediction markets, riding the wave of excitement around the 2026 U.S. midterm elections. They're tossing their hat in the ring with Aries Mobile, letting eligible customers toy with event contracts on not just political outcomes, but economic data and financial market trends too. With ForecastEx LLC,...

Continue Reading
Reddit's Stock Plunge Sparks Legal Scrutiny

Updated Category News Views 0

Reddit's Big Gamble: A Risky Shift Investors, grab your coffee, because Reddit (NYSE: RDDT) just gave us a real eyebrow-raiser, and no one's got a clue how deep this rabbit hole goes. They pulled the curtains back and went for a logged-in-only format, and the stock took a nosedive—a good 28% drop, just like that. If you've got a vested interest here, this is your cue to...

Continue Reading
Ping Identity Tops 2026 Gartner Magic Quadrant: CIAM

Updated Category News Views 20

Turning Heads in the Cybersecurity Space When it comes to digital security, Ping Identity has snagged a top spot in Gartner's 2026 Magic Quadrant for Customer Identity and Access Management (CIAM). Some might gloss over these annual reports like yesterday's news, but Ping isn't just playing around here. They've been tapped as a Leader again, and this accolade highlights...

Continue Reading
Sohu.com Poised for Q3 2026 Earnings Report Soon

Updated Category News Views 69

Sohu.com Gears Up for Third Quarter Earnings Reveal Sohu.com Limited, the old guard of China's digital media scene, is gearing up to spill the beans on their third quarter 2026 financial results. Set to land on our desk on November 9 before U.S. markets get a whiff of morning coffee, this report might have a few tricks or tremors hiding in its pages. Conference Call to...

Continue Reading
TCL CSOT Displays Shine in TIME’s 2026 Inventions

Updated Category News Views 10

Breaking Boundaries with Display Technology Ah, the tech game—if you're not moving forward, you're slipping into obscurity. TCL must be grinning ear to ear as its displays just snagged a coveted spot on TIME's Best Inventions of 2026 list. We're talking about the TCL X11L SQD-Mini LED TV, the XTEINK X4 Pro Pocket eReader, and the Framework Laptop 13 Pro. Yep, all...

Continue Reading
Greek-Serbian Ties Strengthen Ahead of EXPO 2027

Updated Category News Views 76

Athens Networking Event: A Prelude to EXPO 2027 Buzzing with energy and the clinking of glasses, a meeting in Athens is doing what business folks love best—schmoozing and planning. Greek and Serbian representatives gathered up to lay the groundwork for EXPO 2027 Belgrade, and boy, was it all business. But hey, in our money-driven world, biz doesn't wait for Expo days to...

Continue Reading
Systemair Shakes Things Up: Closing Netherlands Facility

Updated Category News Views 81

Systemair's Shocking Shutdown Decision Feels like we're strapped into a roller coaster with these HVAC companies lately. Systemair (NASDAQ Stockholm: SYSR) sure gave us quite the surprise ride by announcing they're pulling the plug on their production facility in Waalwijk, the Netherlands. This isn't just a ripple in a pond; it's a splash that might make some waves in the...

Continue Reading
Principle Health Expands Missouri, Illinois Imaging Services

Updated Category News Views 0

Diving Deeper into Principle's Strategic Move Principle Health Systems just took a sizable step by acquiring assets from a mobile diagnostic imaging company around St. Louis. Now they're elbow-deep into Missouri and Illinois, beefing up their ability to deliver bedside X-rays, ultrasounds, and EKGs straight to the patients in long-term care facilities. It ain't just about...

Continue Reading
VIZ Media Expands Reach with MangaPlaza Partnership

Updated Category News Views 120

Manga Magic in the Digital Space Another day, another expansion, folks. VIZ Media's latest move to have its manga offerings available on MangaPlaza feels like a pretty shrewd play in the fierce arena of digital content. Who'd have thought decades ago that we'd be sitting here talking about digital comics like they’re the next Netflix? VIZ Media's expansion into...

Continue Reading

Top 5 Most Recently Viewed Articles

POET Technologies' Financial Success and Strategic Growth Insights

Updated Category News Views 326

Introduction to POET Technologies' Achievements POET Technologies Inc., a leading designer and developer of innovative optical solutions, has made headlines with its remarkable financial results for the third quarter of 2024. As a prominent player in the AI networking, telecommunications, and data center markets, POET continues to push the boundaries of technology. This...

Continue Reading
New Documentary Highlights Urgent Coral Reef Challenges

Updated Category News Views 340

Groundbreaking Documentary 'Homecoming' Released On April 25, CMG Voice of the South China Sea unveiled the documentary Homecoming, shedding light on the vital coral reef ecosystems through meticulous scientific investigations. This documentary not only highlights the beauty of these underwater environments but also delves into the pressing environmental issues that...

Continue Reading
Kenyon Martin Joins JumpShot Live as Basketball Advisor

Updated Category News Views 189

Kenyon Martin's New Role at JumpShot Live JumpShot Live has taken a significant step forward by appointing former NBA All-Star Kenyon Martin as its Chief Basketball Advisor. This innovative basketball experiential entertainment company aims to redefine how fans engage with the sports world, and Martin is set to play a pivotal role in this transformation. Introducing...

Continue Reading
Canada's Stock Market Shows Strength Amid Positive Gains

Updated Category News Views 196

Canada's Stock Market Shows Strength The Canadian stock market experienced a positive surge after trading concluded on Wednesday. The S&P/TSX Composite index, witnessing a noteworthy increase of 0.50%, reached a new all-time high. This encouraging trend was significantly bolstered by performances in the Clean Technology, Utilities, and Healthcare sectors. Top Performers...

Continue Reading
Photonic Inc. Leaders to Influence Future of Quantum Tech

Updated Category News Views 182

Photonic Inc. Leaders Making Waves in Quantum Technology Vancouver – Photonic Inc., a front-runner in the world of distributed quantum computing, continues to push boundaries by showcasing its leadership at globally recognized events. Recently, the company's Chief Executive Officer, Dr. Paul Terry, participated in the esteemed Quantum World Congress, where passionate...

Continue Reading