Car rental company Hertz on Monday announced it will pay about $168 million by the end of this year to settle 364 disputes in which customers alleged they were falsely accused of stealing vehicles.

Hertz, which declared bankruptcy in 2020, said in a press release that the action will resolve over 95% of its outstanding theft reporting claims.

By settling these disputes, the company is trying to stay true to its goal of putting customers first, according to CEO Stephen Scherr.

“While we will not always be perfect, the professionals at Hertz will continue to work every day to provide best-in-class service to the tens of millions of people we serve each year,” Scherr said in the press release.

Late last year, CBS News reported that some customers said they had been arrested and served jail time after Hertz falsely accused them of stealing cars. In certain cases, customers had paid to extend their rental periods but were