Hertz Global Holdings Inc. and The Hertz Corporation are set to receive a settlement distribution of approximately $154 million as part of their involvement in a class action settlement related to the Automotive Parts Antitrust Litigation. The settlement, part of case number 2:12-md-02311 in the Eastern District of Michigan, involves claims of antitrust violations in the automotive parts industry. The gross distribution amount totals over $171 million, with deductions for administrative fees. Hertz anticipates receiving the funds around September 30, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hertz Global Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001657853-25-000116), on September 23, 2025, and is solely responsible for the information contained therein.