Restatements possible at Hertz, shares -8.4%

Hertz (HTZ) says it has determined that at least one material weakness existed in its internal controls over financial reporting.

The disclosure is included in a new SEC filing in which the company says financial statements dating back to fiscal year 2011 may need to be adjusted after a "thorough" review.

SEC Form 8-K

HTZ -8.4% premarket

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Comments (3)
  • Patent News
    , contributor
    Comments (1475) | Send Message
    so much for new highs lol
    6 Jun 2014, 07:53 AM Reply Like
  • cnype
    , contributor
    Comments (11) | Send Message
    nice! I just sold yesterday... finally have luck on my side.
    6 Jun 2014, 08:17 AM Reply Like
  • Deep Value 1634
    , contributor
    Comments (33) | Send Message
    They gave investors a free Hertz Donut
    6 Jun 2014, 08:36 AM Reply Like
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