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What is the status of the Hertz lawsuit?

ESTERO, Fla. , Dec. 5, 2022 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ) today announced the settlement of 364 pending claims relating to vehicle theft reporting, bringing resolution to more than 95% of its pending theft reporting claims.



As of early 2026, the major chapter of the Hertz "false arrest" litigation has largely concluded following a landmark $168 million settlement reached in late 2022. This settlement was designed to resolve 364 pending claims from customers who were falsely accused of stealing rental cars, which in many cases led to traumatizing police encounters, arrests at gunpoint, and significant jail time. The issue stemmed from systemic glitches in Hertz's inventory management and a policy of reporting vehicles as stolen even when customers had called to extend their rentals or had already returned them. While that specific mass settlement covered more than 95% of the claims at the time, sporadic individual lawsuits continue to emerge in 2025 and 2026 from newer incidents or those who opted out of the original class action. Hertz’s leadership, including CEO Stephen Scherr, has publicly committed to "putting the customer first" to rebuild trust, implementing new technology to ensure rental extensions are immediately reflected in their systems to prevent future police involvement.

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Hertz will pay $168 million to settle 364 claims related to the company falsely reporting rental cars as stolen. These cases sometimes resulted in people being arrested and even imprisoned.

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Hertz Sued by Customers Stopped by Police After Their Rentals Were Mistakenly Reported Stolen.

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Hertz produced record revenue in the quarter, reflecting ongoing strength in demand and stability in pricing. Our premium Hertz brand performed well, and we saw further growth in our rideshare business and progress in reinvigorating our value brands, said Stephen Scherr , Chair and CEO of Hertz .

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Finding quality used cars for sale at great prices can be a daunting process. With this in mind, Hertz Car Sales® was created with the goal of providing used car buyers a wide selection of certified pre-owned vehicles at great no haggle prices.

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Hertz places a hold on your account for the total rental amount plus the security deposit if you pay with a credit card. Hertz will charge the entire amount of the rental when you return the car. Within 24 hours, the deposit's hold will be lifted.

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The Rating Outlook is Stable. Fitch has also affirmed Hertz's senior secured term loan and senior secured revolving credit facility at 'BB'/'RR1' and senior unsecured notes at 'B'/'RR4'.

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