NEW YORK — Hertz Global Holdings Inc. said that it has to review and correct its financial reports from the past three years after an audit by the car rental company found accounting errors.
The announcement, made in a government filing Friday, sent Hertz shares down 9 percent.
The Park Ridge, N.J., company said it will restate financial statements from 2011 and will correct and possibly restate statements from 2012 and 2013.
Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. Comments that violate these standards, or our privacy statement or visitor's agreement, are subject to being removed and commenters are subject to being banned. To post comments, you must be a registered user on toledoblade.com. To find out more, please visit the FAQ.