Take it back. That's what general counsel Jeffrey Zimmerman of Hertz Global Holdings has demanded from a research firm that put Hertz on a list of companies "likely to go bankrupt or suffer severe financial distress." Zimmerman initially wrote a letter to Audit Integrity, accusing the firm of reaching "incomplete and misleading conclusions" in a September report. On Monday, Zimmerman and Hertz sued Audit Integrity for defamation and trade libel, seeking a retraction, an apology and attorney fees.
Hertz GC Sues Analyst Who Said Company Could Go Bankrupt
October 1, 2009