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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.
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
Dozens of people are suing the car rental giant, with claimants alleging the company's failures led to false imprisonment, job losses and being held at gunpoint by police.
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 .
When Hertz rental exited bankruptcy last year, the more than 20 false arrest lawsuits stayed behind in court unresolved.
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]
Hertz agreed to pay $168 million to settle over 360 pending claims that it reported some customers for theft, resulting in some wrongful arrests.