Hertz Inks $10M Deal To End Investor Suit Over EV Demands

By Gina Kim ( May 15, 2026, 7:49 PM EDT) -- A Hertz investor asked a Florida federal judge Friday to preliminarily approve a $10 million settlement to resolve claims the car rental company overhyped the demand for electric cars, only later to announce a $200 million earnings hit as it sought to offload the vehicles, causing stock prices to fall....

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