IN RE: HERTZ GLOBAL HOLDINGS INC.
Sheet Metal Workers Local Union 80 Pension Trust Fund; Westchester Teamsters Pension Fund, Appellants.
United States Court of Appeals, Third Circuit.https://leagle.com/images/logo.png
Argued June 12, 2018.
Filed September 20, 2018.
Attorney(s) appearing for the Case
Evan J. Kaufman , Samuel H. Rudman , Robbins Geller Rudman & Dowd, 58 S. Service Rd.-Ste. 200, Melville, NY 11747, Douglas S. Wilens [ARGUED], Robbins Geller Rudman & Dowd, 120 E. Palmetto Park Rd.-Ste. 500, Boca Raton, FL 33432, Peter S. Pearlman , Cohn Lifland Pearlman Hermann & Knopf, Park 80 West-Plaza One, 250 Pehle Ave.-Ste. 401, Saddle Brook, NJ 07663, Counsel for Appellants Sheet Metal Workers Local 80 Pension Trust Fund, and Westchester Teamsters Pension Fund.
Ross B. Bricker , Howard S. Suskin , Jenner & Block, 353 N. Clark St.-Ste. 4500, Chicago, IL 60654, Adam G. Unikowsky [ARGUED], Jenner & Block, 1099 New York Avenue-Ste. 900, Washington, DC 20001, Counsel for Appellee Hertz Global Holdings Inc.
Kevin H. Marino , John D. Tortorella , Marino, Tortorella & Boyle, 437 Southern Blvd., Chatham, NJ 07928, Counsel for Appellees Hertz Global Holdings Inc. and Elyse Douglas.
David A. Kotler , Dechert, 100 Overlook Center — 2nd Fl., Princeton, NJ 08540, Andrew J. Levander , Dechert, 1095 Avenue of the Americas, New York, NY 10036, Counsel for Appellee Mark P. Frissora.
Before: AMBRO, JORDAN, and HARDIMAN, Circuit Judges.
OPINION OF THE COURT
JORDAN, Circuit Judge.
Sheet Metal Workers Local No. 80 Pension Trust Fund and Westchester Teamsters Pension Fund ("the Funds") brought a putative securities fraud class action against Hertz Global Holdings, Inc. ("Hertz" or "the Company") and several of its current and former executives for violating §§...
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