Bronstein, Gewirtz & Grossman, LLC announced a securities class action against Hertz Global Holdings, Inc. and certain officers on behalf of investors who purchased or otherwise acquired Hertz securities from May 7, 2026, through June 23, 2026. The complaint alleges that Hertz understated the deterioration in its liquidity, the persistence of used-car market weakness and their effects on net depreciation per unit and Adjusted Corporate EBITDA. It further alleges that the company lacked sufficient liquidity to fund operations and obligations for the following 12 months without a distressed, dilutive financing. Investors have until September 22, 2026, to seek appointment as lead plaintiff, although appointment is not required to participate in any recovery. The case follows Hertz’s June 24 disclosure of a planned $300 million offering of Exchangeable Senior First-Lien Secured PIK Notes due 2030 and a share-lending offering involving more than 37 million shares, after which the stock fell more than 40% to close at $3.00. The notes offering was later increased to $350 million, with an option for up to $400 million, at a 6.75% coupon and an exchange price of approximately $3.58 per share.