The information contained on this web page is only a summary of information presented in more detail in the Notice of Pendency and Proposed Settlement of Stockholder Derivative and Class Action, Settlement Hearing, and Right to Appear (the “Notice”). Since this website is just a summary, you should review the Notice for additional details.
Your legal rights are affected even if you do nothing. Please read the Notice carefully.
The terms and conditions of the Settlement are set forth in detail in the Stipulation, which has been filed with the Court. The Settlement is subject to and will become effective only upon approval by the Court. The Notice includes only a summary of various terms of the Settlement, and it does not purport to be a comprehensive description of its terms, which are available for review as described.
All current stockers of Hertz Global Holdings Inc. stock and all persons or entities who or which held shares of Hertz Global Holdings, Inc. stock at any time between and including November 10, 2021, and February 9, 2023.
Please note: There is no Proof of Claim Form for Stockholders to submit in connection with this settlement, and stockholders are not required to take any action in response to the Notice.
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DO NOTHING |
If you do nothing you will remain in the Class. The case is ongoing. |
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OBJECT TO THE SETTLEMENT BY SUBMITTING A WRITTEN OBJECTION SO THAT IT IS RECEIVED NO LATER THAN MAY 14, 2026. |
If you are a member of the Class and would like to object to the proposed Settlement, and/or Plaintiff’s Counsel’s Fee Application, including Plaintiff’s application for a service award, you may write to the Court and explain the reasons for your objection following the instructions in page 12 of the Notice. |
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ATTEND THE HEARING ON JUNE 3, 2026, AT 1:30 P.M., AND FILE A NOTICE OF INTENTION TO APPEAR SO THAT IT IS RECEIVED NO LATER THAN MAY 25, 2026. |
If you are a member of the Class who otherwise wishes to be heard, may appear in person or by his, her, their, or its attorney at the settlement Hearing and present evidence or argument that may be proper and relevant; provided, however, that, except for good cause shown or as the Court otherwise directs, no Person shall be heard and no papers, briefs, pleadings, or other documents submitted by any Person shall be considered by the Court, you may write to the Court the instructions in page 12 of the Notice. |
The purpose of the notice (the “Notice”) is to inform you of (i) the pendency of the above-captioned stockholder derivative and class action (the “Action”), which was brought in the Court of Chancery of the State of Delaware by a stockholder of Hertz Global Holdings, Inc. (“Hertz”), asserting claims for breach of fiduciary duty against certain directors and officers of Hertz on behalf of Hertz and on behalf of the Class (defined below); (ii) the proposed settlement of the Action (the “Settlement”) as against all defendants, subject to Court approval and other conditions of the Settlement being satisfied, as provided for the in the Stipulation and Agreement of Compromise and Settlement dated November 7, 2025, which was filed with the Court and is publicly available for review (the “Settlement Stipulation”); and (iii) your right to participate in a hearing to be held on June 3, 2026, at 1:30 p.m. before the Court of Chancery of the State of Delaware, New Castle County Courthouse, Leonard L. Williams Justice Center, 500 North King Street, Wilmington, DE 19801 (the “Settlement Hearing”) or as may be undertaken via a remote proceeding such as Zoom or by telephone.
The settlement of the action, if approved by the court on the terms and conditions set forth in the stipulation, will include, without limitation, a release of all released plaintiff’s claims against the released defendant parties and a release of all released defendants’ claims against the released plaintiff parties, as those terms are defined in paragraph 1 of the notice. If you are a current stockholder of Hertz, you will be bound by any judgment entered in the action with respect to your ability to bring released plaintiff’s claims.
The court has not finally determined the merits of the claims made by plaintiff against, or the defenses of, defendants in the action. The notice does not imply that there has been or would be any finding of violation of the law or that relief in any form or recovery in any amount could be had, if the action was not settled.
If you have questions, you may call the Settlement Help Line at 866-302-9152, or email info@HertzStockholderDerivativeSettlement.com