Defendant Name:
Hertz Global Holdings, Inc.
Defendant Type:
Public Company
SIC Code:
7515
CUSIP:
42806J10
Document Reference:
33-10601
Document Details
Legal Case Name
In the Matter of Hertz Global Holdings, Inc. and The Hertz Corporation
Document Name
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
Document Date
31-Dec-2018
Document Format
Administrative Proceeding
AAER
4012
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On December 31, 2018, the SEC issued an order against Hertz Global Holdings, Inc. and The Hertz Corporation, stating: "From at least February 2012 through March 2014, Hertz's public filings materially misstated pretax income because of accounting errors made in a number of business units, and over multiple reporting periods."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Self Reporting to SEC
Monetary Penalties:
Civil Penalty
Individual:
$16,000,000.00
Shared:
Other Defendants in Action:
