RTO INVESTOR ALERT: Rentokil Initial plc Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Core Viewpoint - The Rentokil Initial plc is facing a class action lawsuit alleging violations of the Securities Exchange Act of 1934, primarily related to its acquisition of Terminix Global Holdings and subsequent integration challenges [1][4]. Group 1: Lawsuit Details - The lawsuit is titled Laborers Local 235 Pension Fund v. Rentokil Initial plc, with lead plaintiff motions due by January 27, 2025 [1]. - Rentokil completed its acquisition of Terminix for $6.7 billion, which included $1.34 billion in cash and over 129 million new Rentokil American Depositary Shares (ADSs) [3]. - Allegations include false statements regarding the integration of Terminix, claiming that Rentokil faced significant execution challenges and disruptions during the integration process [4]. Group 2: Financial Impact - On April 18, 2024, Rentokil reported only 1.5% organic revenue growth in North America, below the guidance of 2% for Q1 and 2% to 4% for the full year, leading to a more than 9% drop in ADS price [5]. - A subsequent trading update on September 11, 2024, revised the expected organic revenue growth for the second half of 2024 to only 1%, causing a further decline of over 21% in ADS price [6]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Rentokil ADSs during the class period to seek appointment as lead plaintiff, representing the interests of the class [7]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud cases, having recovered $6.6 billion for investors in securities-related class action cases, and is recognized for securing significant monetary relief for investors [8].