Hertz Investors Say Their Claims Meet Omnicare Standard

By Matthew Perlman ( May 1, 2015, 3:56 PM EDT) -- Shareholders in a securities class action against Hertz Global Holdings Inc. asked a New Jersey federal judge on Thursday not to dismiss their case in light of the Supreme Court's Omnicare ruling, arguing management knew the company was in trouble while expressing positive opinions of its finances and the spinoff of a unit. ...

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