NEW YORK, Jan. 13, 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=121983&from=4CLASS PERIOD: December 1, 202 ...

Industry Overview - Pest control is considered a secular growth industry, driven by urbanization and climate change [1] Company Analysis - Rentokil (NYSE: RTO, OTCPK: RKLIF) made a significant acquisition of Terminix, but the high price paid may limit future upside potential [1] Investment Background - The analyst has a PhD from MIT with a focus on data analytics in commodities markets [1] - Managed over $1 billion in a hedge fund in China under a profit-sharing agreement [1] - Established an RIA firm in Massachusetts in 2022, managing assets for high net worth individuals and family offices [1] - Current CIO and Portfolio Manager of Guinea Value Investments [1] - Investment performance has consistently outperformed the S&P 500 since inception [1] - Investment strategy focuses on deep value opportunities at cyclical troughs and event-driven catalysts [1]

Core Viewpoint - Investors in Rentokil Initial plc have the opportunity to lead a securities fraud class action lawsuit due to substantial losses incurred as a result of undisclosed operational challenges during the integration of Terminix [1][3]. Group 1: Lawsuit Details - The lawsuit alleges that from December 1, 2023, to September 10, 2024, Rentokil failed to disclose significant disruptions and execution challenges in the integration of Terminix [3]. - Specific claims include that Rentokil and Terminix remained separate entities, and the integration issues adversely affected Rentokil's business operations, particularly organic revenue growth in North America [3]. - The lawsuit contends that Rentokil's positive statements regarding its business and prospects were materially misleading and lacked a reasonable basis during the relevant period [3]. Group 2: Participation Information - Investors who suffered losses in Rentokil are encouraged to contact the Law Offices of Howard G. Smith before January 27, 2025, to participate in the class action lawsuit [2][4]. - Interested parties can reach out via email, phone, or the law firm's website for more information regarding their legal rights and the ongoing lawsuit [2][4]. Group 3: Legal Representation - Individuals wishing to be part of the class action do not need to take immediate action and may choose to retain counsel or remain absent from the action [5]. - The announcement may be considered Attorney Advertising in certain jurisdictions [5].

Core Viewpoint - A class action lawsuit has been filed against Rentokil Initial PLC for alleged violations of federal securities laws, impacting investors who purchased shares during the specified Class Period [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit was initiated by Lowey Dannenberg P.C. on behalf of investors who acquired Rentokil common stock between December 1, 2023, and September 10, 2024 [1]. - The complaint alleges that Rentokil and its officers made false or misleading statements regarding the integration of Terminix, leading to significant operational challenges [2]. Allegations Against Rentokil - Key allegations include: - Disruptions in early pilots of the Terminix integration [2]. - Ongoing execution challenges that were self-inflicted [2]. - The integration plan for Terminix was jeopardized due to these challenges [2]. - Rentokil and Terminix remained separate entities, which negatively affected business operations and organic revenue growth in North America [2]. - Positive statements made by the defendants about the company's prospects were materially false and misleading [2]. Impact on Investors - Following the revelation of these issues, Rentokil's stock price declined sharply, resulting in significant financial losses for investors [3]. - Investors who suffered losses exceeding $200,000 are encouraged to participate in the lawsuit and must act before January 27, 2025, to serve as Lead Plaintiff [3].

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 ...

Core Viewpoint - A class action has been filed against Rentokil Initial PLC for allegedly misleading investors regarding the integration of Terminix, which has led to significant operational challenges and lower-than-expected revenue growth in North America [2][3]. Group 1: Allegations and Integration Issues - The complaint alleges that Rentokil did not disclose various issues during the integration of Terminix, including disruption in early pilots, ongoing execution challenges, and the fact that Rentokil and Terminix remained separate businesses [2]. - The failure to effectively integrate Terminix has negatively impacted Rentokil's business operations, particularly its organic revenue growth in North America [2]. Group 2: Impact on Stock Price - Following the announcement of the integration challenges on September 11, 2024, Rentokil's American Depository Shares (ADSs) fell by $6.65, or over 21%, from $31.60 to $24.95 [3]. Group 3: Class Action Participation - Investors who purchased Rentokil ADSs between December 1, 2023, and September 10, 2024, may be eligible to participate in the class action, with a deadline to apply as lead plaintiff set for January 27, 2025 [4].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Rentokil Initial plc regarding a class action lawsuit due to alleged misleading statements and execution challenges related to the integration of Terminix [1][2]. Group 1: Allegations - The complaint alleges that Rentokil made materially false and misleading statements during the class period from December 1, 2023, to September 10, 2024 [1]. - Specific allegations include disruption in early pilots of the Terminix integration, significant self-inflicted execution challenges, and the failure to integrate Terminix, which negatively impacted organic revenue growth in North America [1]. - The lawsuit claims that Rentokil and Terminix remained separate businesses and that the positive statements made by the defendants lacked a reasonable basis [1]. Group 2: Class Action Details - Shareholders who purchased shares of Rentokil during the specified class period are encouraged to register for the class action, with a deadline of January 27, 2025, to seek lead plaintiff status [2]. - Registered shareholders will receive updates through portfolio monitoring software throughout the lifecycle of the case [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Rentokil Initial plc due to alleged violations of federal securities laws, encouraging affected investors to come forward [2][4]. Group 1: Allegations Against Rentokil - The complaint alleges that Rentokil and its executives made false and misleading statements regarding the integration of Terminix, leading to significant execution challenges [4]. - Specific issues cited include disruption during the early integration pilots, ongoing execution challenges, and the failure to integrate Terminix, which negatively impacted organic revenue growth in North America [4]. - The allegations suggest that Rentokil's positive statements about its business and prospects were materially false and lacked a reasonable basis [4]. Group 2: Financial Impact and Market Reaction - On April 18, 2024, Rentokil reported only 1.5% organic revenue growth in North America for Q1 2024, below the guidance of 2%, leading to a 9% drop in the stock price [5]. - A subsequent trading update on September 11, 2024, revealed an expected 1% organic revenue growth for the second half of 2024, causing a further 21% decline in stock price [6]. - The CEO and CFO acknowledged execution challenges during the conference call, indicating that the integration efforts had not been successful [6]. Group 3: Legal Proceedings and Investor Actions - Investors who suffered losses exceeding $75,000 in Rentokil between December 1, 2023, and September 10, 2024, are encouraged to discuss their legal rights with Faruqi & Faruqi [1]. - The deadline to seek the role of lead plaintiff in the federal securities class action against Rentokil is January 27, 2025 [2]. - Any member of the putative class can move the Court to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [7].

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]

Core Viewpoint - A class action securities lawsuit has been filed against Rentokil Initial plc, alleging securities fraud that negatively impacted investors between December 1, 2023, and September 10, 2024 [1][2]. Group 1: Allegations of the Lawsuit - The lawsuit claims that Rentokil faced significant disruptions during the early integration of Terminix, leading to execution challenges [2]. - It is alleged that Rentokil and Terminix remained separate entities and that the failure to integrate negatively affected the company's business, particularly organic revenue growth in North America [2]. - Positive statements made by the defendants regarding Rentokil's business and prospects are claimed to be materially false and misleading due to the aforementioned issues [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until January 27, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the U.S. [4].