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  • In re: Hertz Global Holdings Inc.

    Publication Date: 2018-10-01
    Practice Area: Securities Litigation
    Industry:
    Court: U.S. Court of Appeals for the Third Circuit
    Judge: Justice Jordan
    Attorneys: For plaintiff: Evan J. Kaufman and Samuel H. Rudman (Robbins Geller Rudman & Dowd); Douglas S. Wilens (Robbins Geller Rudman & Dowd); Peter S. Pearlman (Cohn Lifland Pearlman Hermann & Knopf)
    for defendant: Ross B. Bricker and Howard S. Suskin (Jenner & Block); Adam G. Unikowsky (Jenner & Block); Kevin H. Marino and John D. Tortorella (Marino, Tortorella & Boyle); David A. Kotler (Dechert); Andrew J. Levander (Dechert); Elliot Greenfield, Maeve L. O'Connor, and Edwin G. Schallert (Debevoise & Plimpton); Gregory A. Markel and Heather E. Murray (Seyfarth Shaw)
    Case Number: 17-2200

    Securities Fraud Action Dismissed Where Scienter Evidence Demonstrated Corporate Mismanagement Rather than Misconduct