Dollar Thrifty has been the object of takeover attention from rental car industry giants Hertz and Avis. It inked a deal with Hertz in April, and later received a higher bid from Avis. That offer was rebuffed to the chagrin of Dollar Thrifty shareholders, who are pressing their case in court.

One aspect of the suit involves Goldman Sachs (NYSE: GS), which is advising Dollar Thrifty after it advised the firm on a stock offering the previous year, and perhaps had strong knowledge of the company.

The suit, filed in Delaware, also says that Goldman Managing Director William Jacob went to rival Hertz and "used [Goldman's] experience with the Dollar equity offering to induce Hertz to make a play for Dollar," reports the New York Post. The bank apparently met with Hertz shortly before that car company made its bid, but Dollar Thrifty says the meeting was informational in nature and not designed to pitch a certain deal.

Jacon said this in testimony: "We would have had discussions with Hertz saying 'Hertz, maybe this would be a good opportunity to look at Dollar Thrifty.' " We'll see where this suit goes.

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