Ethics and Compliance Failures Underlie Hertz’s Restatement of Financial Statements
11/25/2014
Hertz Restatements due to Inadequate Internal Controls and Faulty Audit by PricewaterhouseCoopers On November 14, 2014, Hertz confirmed that it would restate its financial statement results for 2012 and 2013, adding to the already announced restatement for 2011. The disclosure led to a 14% drop in the share price of... Read more →