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Stock impact report

Hertz Global to pay $16 million fine to settle accounting case: SEC [DailyFinance (AOL.com)]

Hertz Global Holdings, Inc (HTZ) 
Last hertz global holdings, inc earnings: 2/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.hertz.com
Company Research Source: DailyFinance
Thomson Reuters Dec 31st 2018 3:38PM WASHINGTON, Dec 31 (Reuters) - Hertz Global Holdings has agreed to pay a $16 million fine to settle a case over accounting misstatements, the U.S. Securities and Exchange Commission (SEC) said in an order filed on Monday. Beginning in 2012, Hertz's public filings materially misstated pretax income because of accounting errors made in a number of business units, and over multiple reporting periods, the regulator said in its cease and desist order. The car rental company did not admit or deny the regulator's findings but agreed to pay the fine, the order said. (Reporting by Katanga Johnson Editing by Paul Simao) More from Aol.com : Canada Goose is surging after opening its first store in China Amazon jumps following report it's planning to expand Whole Foods across the US Consumer privacy made losers of us all this year Tags Read Full Story From Our Partners The Show less Read more
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