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Hertz Global Holdings Inc. said Monday it will pay $168 million to settle hundreds of claims stemming from vehicle-theft reporting, which in some cases led to customers facing wrongful arrests.
The car-rental company has for years grappled with allegations that inventory mismanagement issues have caused it to falsely report some of its cars as stolen.
Hertz said it February it was working to fix a glitch in the company's systems that led to the incidents.

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Zacks.com users have recently been watching Hertz Global Holdings, Inc. (HTZ) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Zacks.com users have recently been watching Hertz Global Holdings, Inc. (HTZ) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

New Strong Sell Stocks for November 28th

10:40am, Monday, 28'th Nov 2022 Zacks Investment Research
ARCE, AIZ and HTZ have been added to the Zacks Rank #5 (Strong Sell) List on November 28, 2022.

New Strong Sell Stocks for November 28th

06:47am, Monday, 28'th Nov 2022
ARCE, AIZ and HTZ have been added to the Zacks Rank #5 (Strong Sell) List on November 28, 2022.
Shares of Hertz Global soared Wednesday after the company selected a $6 billion turnaround bid that would provide a rare payout to shareholders for a company in Chapter 11 bankruptcy.
The 'Halftime Report' team discusses the latest developments relative to Hertz's bankruptcy exit plan.
Phillips 66 and Hertz Global have been highlighted as Zacks Bull and Bear of the Day.
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