So it looks like Hertz execs gave bad intel about the true costs and savings during the big EV initiative creating fake financials to dupe investors in their great EV plan. I am sure we will get pennies on the dollar for the shares we bought but at least the truth is out about the fraud
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Is this surprising? lol
One of many lawsuits. Did you hear about the one against the board and the investment group that owns Hertz? $2B of stock buyback but the investors never sold. Just kept getting more % ownership of the company