LEVI & KORSINSKY, LLP ANNOUNCES NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF CLASS ACTION FOR ALL PERSONS WHO PURCHASED OR OTHERWISE ACQUIRED HERTZ GLOBAL HOLDINGS, INC. COMMON STOCK BETWEEN JANUARY 6, 2023 AND APRIL 24, 2024, INCLUSIVE

STAMFORD, Conn., Oct. 30, 2026 /PRNewswire/ --

 UNITED STATES DISTRICT COURT
MIDDLE DISTRICT OF FLORIDA
FORT MYERS DIVISION

SUMMARY NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF CLASS ACTION, MOTION FOR ATTORNEYS' FEES AND EXPENSES, AND FINAL APPROVAL HEARING

To: ALL PERSONS WHO PURCHASED OR OTHERWISE ACQUIRED HERTZ COMMON STOCK BETWEEN JANUARY 6, 2023 AND APRIL 24, 2024, BOTH DATES INCLUSIVE.

YOU ARE HEREBY NOTIFIED, pursuant to an Order of the United States District Court for the Middle District of Florida, that a hearing will be held on January 29, 2027, at 10:00 a.m. Eastern at the United States Courthouse and Federal Building, 2110 First Street, Fort Myers, Florida 33901, in a courtroom to be announced, for the purpose of determining: (1) whether the proposed Settlement¹ of the claims in the above-captioned Action for consideration including the sum of $10,000,000 should be approved by the Court as fair, reasonable, and adequate; (2) whether the proposed plan to distribute the Settlement proceeds ("Plan of Allocation") is fair, reasonable, and adequate; (3) whether the application of Lead Counsel for an award of attorneys' fees of up to one-third of the Settlement Amount ($3,333,333) plus interest, reimbursement of expenses of not more than $300,000, and a Plaintiff Compensatory Award of no more than $7,500 should be approved; and (4) whether this Action should be dismissed with prejudice as set forth in the Stipulation.²

If you purchased or otherwise acquired Hertz common stock between January 6, 2023 and April 24, 2024, both dates inclusive (the "Settlement Class Period"), your rights may be affected by this Settlement, including the release and extinguishment of claims you may possess relating to your ownership interest in Hertz common stock. If you have not received a detailed Notice of Pendency and Proposed Settlement of Class Action, Motion For Attorneys' Fees and Expenses, and Final Approval Hearing ("Longform Notice") and a copy of the Proof of Claim form, you may obtain copies by visiting www.HertzSecuritiesSettlement.com or by contacting the Claims Administrator toll-free at (888) 292-4295, at [email protected], or at Hertz Global Holdings, Inc. Securities Litigation, c/o Claims Administrator, 1650 Arch Street, Suite 2210, Philadelphia, PA 19103. If you are a member of the Settlement Class, in order to share in the distribution of the Net Settlement Fund, you must submit a Proof of Claim postmarked or submitted online no later than January 8, 2027, establishing that you are entitled to recovery. Unless you submit a written Request for Exclusion, you will be bound by any judgment rendered in the Action whether or not you make a claim. 

If you desire to be excluded from the Settlement Class, you must submit to the Claims Administrator a Request for Exclusion so that it is postmarked no later than January 8, 2027, in the manner and form explained in the Longform Notice. All members of the Settlement Class who have not requested exclusion from the Settlement Class by properly submitting a Request for Exclusion will be bound by any judgment entered in the Action pursuant to the Stipulation.

Any objection to the Settlement, Plan of Allocation, or Lead Counsel's request for an award of attorneys' fees and reimbursement of expenses and award to Plaintiff (Plaintiff Compensatory Award) must be in the manner and form explained in the Longform Notice and received no later than January 8, 2027, by each of the following:

If you have any questions about the Settlement, you may visit www.HertzSecuritiesSettlement.com or write to Lead Counsel at the above address.

PLEASE DO NOT CONTACT THE COURT OR THE CLERK'S OFFICE REGARDING THIS NOTICE.

Dated: October 2, 2026

BY ORDER OF THE UNITED STATES DISTRICT COURT FOR THE MIDDLE DISTRICT OF FLORIDA

¹ All capitalized terms not otherwise defined herein shall have the same meanings as set forth in the Stipulation of Settlement, dated May 15, 2026 (the "Stipulation").

² Hertz Global Holdings, Inc., Stephen M. Scherr, and Alexandra Brooks ("Defendants") deny each, any, and all allegations of wrongdoing, fault, liability, or damage whatsoever, including but not limited to, the allegations that Plaintiff or the Settlement Class have suffered damages or that Plaintiff or the Settlement Class were harmed by the conduct alleged in the Action. Defendants continue to believe the claims asserted against them in the Action are without merit.

Angeion Marketing
[email protected]

SOURCE Levi & Korsinsky, LLP