Hertz Shares Climb After Antitrust Class Action Settlement (1)

(Updated with share price move.)

Hertz shares gain as much as 3.2% on Wednesday after the car-rental company secured a pro-rata settlement distribution of about $154.054m after participating in the Automotive Parts Antitrust Litigation class action suit.

• Expects payment on Sept. 30

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Jordan Fitzgerald in New York at jfitzgera137@bloomberg.net;
Andrew Mendez in San Francisco at amendez112@bloomberg.net

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Zachary Fleming at zfleming2@bloomberg.net

Nina Trentmann

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