Investigation and potential class action against equipment rental comanies such as Hertz Equipment Rental Corporation, NES Rentals and United Rentals. This investigation is based on consumer reports that these large equipment rental companies may typically charge a "Damage Waiver" that may cost more than 10% of the price of the rental. Usually, the "Damage Waiver" charge is automatically assessed on tools or equipment rented by the customer.
Defendant Details
Name (Stock Symbol)
Brief Description
Hertz Equipment Rental Corporation
Hertz Equipment Rental Corporation rents tools and equipment.
United Rentals, Inc. (URI)
United Rentals, Inc., through its subsidiaries, operates as a rental equipment company in the United States, Canada, and Mexico.
NES Rentals
NES Rentals, as the name suggests, rents equipment.