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Class Action Filed Against Rentokil Initial plc (RTO) Seeking Recovery for Investors - Contact Levi & Korsinsky
Prnewswire· 2025-01-10 10:45
NEW YORK, Jan. 10, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Rentokil Initial plc ("Rentokil" or the "Company") (NYSE: RTO) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rentokil investors who were adversely affected by alleged securities fraud between December 1, 2023 and September 10, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/rentokil-initial-plc-lawsu ...
RTO Stockholder News: Robbins LLP Reminds Rentokil Initial PLC Investors of Fast Approaching Lead Plaintiff Deadline in the Securities Class Action
Prnewswire· 2025-01-09 22:58
SAN DIEGO, Jan. 9, 2025 /PRNewswire/ -- Robbins LLP reminds investors that a class action was filed on behalf of persons and entities that purchased Rentokil Initial PLC (NYSE: RTO) American Depository Shares ("ADSs") between December 1, 2023 and September 10, 2024. Rentokil provides pest control, hygiene, and wellness services worldwide.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Robbins LLP is Investigating Allegations that Ren ...
Rentokil Initial plc Class Action: The Gross Law Firm Reminds Rentokil Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 27, 2025 - RTO
Prnewswire· 2025-01-09 10:45
NEW YORK, Jan. 9, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Rentokil Initial plc (NYSE: RTO).Shareholders who purchased shares of RTO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/rentokil-initial-plc-loss-submission-form/?id=121472&from=4 CLASS PERIOD: December 1, 202 ...
Faruqi & Faruqi Reminds Rentokil Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 27, 2025 - RTO
Prnewswire· 2025-01-08 16:51
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Rentokil To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $75,000 in Rentokil between December 1, 2023 and September 10, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, Jan. 8, 2025 /PRNews ...
Internal Amazon list shows more than 40 office locations where its five-day RTO plan is delayed
Business Insider· 2025-01-07 20:27
Amazon's Return-to-Office (RTO) Plan Delays - Amazon has delayed its full five-day return-to-office (RTO) plan in some locations due to insufficient office space [1][5] - Employees in affected locations are being asked to continue following the previous policy of working three days a week in the office [1][5] - The delays are expected to stretch as late as May, with the real estate team notifying employees late last year about the continuation of the current in-office guidance [2] Locations Affected by RTO Delays - The internal list includes major tech hubs such as Santa Clara, Austin, Beijing, Shenzhen, and Bangalore [1] - Over 40 locations globally are impacted, including Raleigh, Annapolis Junction, Baltimore, Columbia, Cupertino, Irvine, Nashville, Boulder, Charlotte, Houston, Jersey City, Newark, Atlanta, Dallas, East Palo Alto, Mexico City, Sao Paulo, Tampa, Miami, Brooklyn, Columbus, New York, Sacramento, Hamburg, Munich, Tel Aviv, Amman, Milan, Cairo, Madrid, Barcelona, Berlin, Dubai, Istanbul, Hyderabad, Mumbai, and Shanghai [3][5] Reasons Behind the RTO Policy - Amazon's original guidance required employees to work from the office five days a week starting January 2, with the aim of improving collaboration and strengthening company culture [2] - CEO Andy Jassy emphasized that the RTO mandate was designed to further strengthen the company's culture and teams [2] Current Status of Office Readiness - An Amazon spokesperson stated that buildings were ready for a majority of employees on January 2, but some locations still face space constraints [1]
Levi & Korsinsky Notifies Rentokil Initial plc Investors of a Class Action Lawsuit and Upcoming Deadline - RTO
Prnewswire· 2025-01-07 10:45
NEW YORK, Jan. 7, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Rentokil Initial plc ("Rentokil" or the "Company") (NYSE: RTO) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rentokil investors who were adversely affected by alleged securities fraud between December 1, 2023 and September 10, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/rentokil-initial-plc-lawsui ...
Rentokil Initial: Improving Customer Retention To Accelerate Growth, Initiate With 'Buy'
Seeking Alpha· 2025-01-07 06:38
Company Overview - Rentokil Initial is a global pest control company with a strong presence in the US market [1] - The company, along with Rollins, is consolidating the fragmented pest control market in the US [1] Investment Strategy - The investment approach focuses on companies in niche markets with strong growth potential, solid management teams, and reasonable valuations [1] - The strategy emphasizes long-term, quality growth-oriented investments rather than short-term performance [1] - The target annual return for the portfolio is 15%, with a focus on diversification, risk management, and disciplined trading [1] Market Position - Rentokil Initial and Rollins are key players in the US pest control market, driving consolidation in the industry [1]
GlobalBlock Announces Proposed Reverse Takeover (RTO) By CHAINERGY, A Company Developing Sustainably Powered Artificial Intelligence Data Centers
Newsfile· 2025-01-06 19:29
Transaction Overview - GlobalBlock Digital Asset Trading Limited has entered into a binding letter of intent (LOI) with CHAINERGY for a reverse takeover transaction, expected to be completed by February 28, 2025 [1][6] - The combined entity will carry on CHAINERGY's business, with existing shareholders and subscribers exchanging their securities for those of the Resulting Issuer [2] - The Transaction is based on a valuation of GlobalBlock at C$6,300,000 (C$0.07 per share) and CHAINERGY at C$12,950,000 [6] CHAINERGY Business - CHAINERGY is a UK-based company focused on sustainable modular data centers to meet the growing demand for AI, leveraging energy optimization and digital infrastructure expertise [3] - The company aims to address the AI energy challenge with scalable, energy-first solutions that bypass grid constraints [3][4] - CHAINERGY plans to deploy its first commercial-scale data center in the UK, with potential expansion across Europe [4] Transaction Details - GlobalBlock will acquire all issued and outstanding securities of CHAINERGY in exchange for 177,422,689 common shares (approximately 43,166,667 post-Consolidation) [6] - A concurrent financing of subscription receipts is planned, aiming for minimum gross proceeds of C$5.5 million at C$0.30 per receipt [9][10] - The Transaction is subject to board, shareholder, and regulatory approvals, including TSX Venture Exchange approval [8] Management and Governance - The Resulting Issuer's board will consist of four members, with CHAINERGY nominating two, GlobalBlock nominating one, and one member to be determined [12] - James Behan and Roger Cockram, founders of CHAINERGY, will assume the roles of CEO and COO of the Resulting Issuer [13] Capitalization and Share Structure - GlobalBlock currently has 86,313,741 common shares issued and outstanding, with options for up to 3,400,000 shares held by directors and officers [16] - CHAINERGY has 100,381 shares issued and outstanding, with James Behan and Roger Cockram each owning approximately 46.8% [18] Additional Considerations - The company name will be changed to reflect the Resulting Issuer's business, subject to regulatory and shareholder approvals [19] - Finder's fees of 716,992 post-Consolidation common shares are proposed for Rufus Round and Angus Campbell, subject to Exchange approval [20]
The Gross Law Firm Reminds Rentokil Initial plc Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 27, 2025 - RTO
Prnewswire· 2025-01-06 10:45
NEW YORK, Jan. 6, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Rentokil Initial plc (NYSE: RTO).Shareholders who purchased shares of RTO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/rentokil-initial-plc-loss-submission-form/?id=120448&from=4CLASS PERIOD: December 1, 2023 ...
Contact Levi & Korsinsky by January 27, 2025 Deadline to Join Class Action Against Rentokil Initial plc (RTO)
Prnewswire· 2025-01-03 10:30
Lawsuit Overview - Levi & Korsinsky, LLP has notified Rentokil Initial plc (NYSE: RTO) investors of a class action securities lawsuit [1] - The lawsuit aims to recover losses for Rentokil investors affected by alleged securities fraud between December 1, 2023, and September 10, 2024 [1] Allegations - Defendants allegedly made false statements or concealed information regarding Rentokil's integration challenges with Terminix [2] - Rentokil experienced significant disruption and self-inflicted execution challenges during the early pilots of the Terminix integration [2] - The integration challenges jeopardized Rentokil's plan to integrate Terminix, and the two companies remained separate businesses [2] - Rentokil's failure to integrate Terminix negatively impacted its business and operations, particularly organic revenue growth in North America [2] - Defendants' positive statements about Rentokil's business, operations, and prospects were allegedly materially false and misleading [2] Next Steps for Investors - Investors who suffered losses in Rentokil during the relevant period have until January 27, 2025, to request to be appointed as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs or fees for class members [3] About Levi & Korsinsky - Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders over the past 20 years [4] - The firm has a track record of winning high-stakes cases and ranks among the top securities litigation firms in the US [4] - Levi & Korsinsky has over 70 employees and extensive expertise in complex securities litigation [4]