October 18, 2019
Hertz's former chief financial officer has struck a deal to exit a lawsuit accusing her and two other executives of refusing to give back $70 million in incentive bonus payments after an accounting scandal prompted a federal investigation and cost the company $200 million.
September 03, 2019
Hertz's ex-general counsel and two other former executives have urged a New Jersey federal judge to put the brakes on the rental car company's lawsuit seeking $200 million in damages and $70 million in clawed-back pay from them for their alleged accounting errors.
July 22, 2019
Hertz demands $70 million back from its former top brass, a pension fund claims Netflix rigged its executive bonus program, and a Goldman Sachs stockholder wants company directors to pay themselves less. Here are three suits that executive compensation attorneys should keep an eye on in the second half of 2019.
June 20, 2019
The former general counsel of Hertz Global Holdings Inc. asked a New Jersey federal court Thursday to toss claims against him in a company lawsuit alleging that he and two other onetime executives were to blame for accounting errors that led to more than $200 million in purported damages for the rental car giant.
April 11, 2019
Hertz is looking to recover more than $70 million in incentive pay and severance packages from former general counsel John Jeffrey Zimmerman and two other executives following their alleged roles in an accounting scandal from five years ago, according to a suit filed recently in New Jersey federal court.