|[June 19, 2014]
Hertz Global Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor Investigate Possible Breaches of Fiduciary Duty by Officers and Directors
DALLAS --(Business Wire)--
Former United States Securities and Exchange Commission attorney Willie
Briscoe, founder of The
Briscoe Law Firm, PLLC, and the securities litigation firm of Powers
Taylor LLP announce that a federal class action lawsuit has been
filed against Hertz Global Holdings, Inc. ("Hertz" or "Company") (NYSE:
HTZ). The firms are investigating additional legal claims against the
officers and Board of Directors of Hertz during the period of February
22, 2012 and June 6, 2014 (the "Class Period").
Based upon the allegations in the class action, the firms are
investigating additional legal claims against the officers and Board f
Directors of Hertz. If you are an affected Hertz shareholder and want to
learn more about the lawsuit or join the action, contact Willie Briscoe
at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com,
or Patrick Powers at Powers Taylor LLP, toll free (877) 728-9607, or via
e-mail at firstname.lastname@example.org.
There is no cost or fee to you.
In a recently filed federal class action complaint, Hertz and certain of
its officers and directors were charged with violating certain
provisions of the Securities Exchange Act of 1934. Specifically, the
complaint alleges that among other things, defendants misrepresented
and/or failed to disclose that: (i) Hertz's revenue and financial
results were overstated and not prepared in accordance with Generally
Accepted Accounting Principles ("GAAP") due to accounting errors; (ii)
Hertz did not have adequate internal and financial controls; and (iii)
as a result of the above, the Company's financial statements during the
class period were materially false and misleading at all relevant times.
Briscoe Law Firm, PLLC is a full service business litigation,
commercial transaction, and public advocacy firm with more than 20 years
of experience in complex litigation and transactional matters.
Taylor LLP is a boutique litigation law firm that handles a variety
of complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits,
and security class actions.
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