sec whistleblower attorneys
February 01, 2019
Hertz Global Holdings Inc., The Hertz Corp.
Financial Fraud
SANCTION AMOUNT: $16000000
Defendants: Hertz Global Holdings Inc., The Hertz Corp.
Respondents restated financial results because of alleged accounting errors made in a number of business units over multiple reporting periods, including several instances of changed methodologies that always had a favorable impact. They agreed to settle the charges that this conduct violated antifraud and other securities law.
- Key Docs
- Official SEC press release