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In case you missed it: Hertz agrees to pay $168 million to settle false arrest claims by hundreds of customers Earlier: Lawsuit: New Hertz continues a pattern of false arrests for rental car theft ...
Rental car giant Hertz Global Holdings announced Monday it would pay $168 million to settle 364 claims that it erroneously filed criminal reports against
Hertz Global Holdings, Inc. (formerly The Hertz Corporation), known as Hertz, is an American car rental company based in Estero, Florida. The company operates its namesake Hertz brand, along with the brands Dollar Rent A Car , Firefly Car Rental and Thrifty Car Rental .
Rental car giant Hertz Global Holdings announced Monday it would pay $168 million to settle 364 claims that it erroneously filed criminal reports against customers who did not return vehicles on time.
The rental-car giant's computer system is apparently at fault for claiming hundreds, maybe thousands, of renters stole vehicles they actually returned as agreed. Hertz Will Release Records on ...
Finally, on November 19, 2012, Hertz Global Holdings former Chairman and CEO Mark P. Frissora announced the company's purchase of Dollar Thrifty Automotive Group for US$2.3 billion. [31] The Dollar Thrifty Automotive Group was separated into two subsidiaries, Thrifty Car Rental and Dollar Rent A Car, under the Hertz Corporation.
Thrifty Car Rental was established in 1958. [2] [3] The company completed an initial public offering (IPO) of common stock in 1987. It would grow in size by purchasing Ohio-based Snappy Car Rental for US$40,000,000 (equivalent to $98,319,463 in 2023) in May 1989. [4] [5]
FILE - The company logo is shown on the exterior of a closed Hertz car rental office, May 23, 2020, in south Denver. The new CEO of Hertz says the company is fixing problems that led to false car ...