Rentokil(RTO) Prnewswire·2024-12-27 10:45Lawsuit Overview - A class action securities lawsuit has been filed against Rentokil Initial plc (NYSE: RTO) on behalf of investors who suffered losses between December 1, 2023, and September 10, 2024, due to alleged securities fraud [1][4] - Investors have until January 27, 2025, to request the Court to appoint them as lead plaintiff, though serving as lead plaintiff is not required to share in any recovery [2] Allegations - The complaint alleges that Rentokil made false statements and/or concealed material information regarding the integration of Terminix, including significant disruption in early pilots, ongoing execution challenges, and the negative impact on organic revenue growth in North America [5] - The lawsuit claims that Rentokil and Terminix remained two separate businesses, and the failure to integrate them properly harmed the company's business and operations [5] Legal Representation - Levi & Korsinsky, LLP, a firm with over 20 years of experience, has secured hundreds of millions of dollars for aggrieved shareholders and is ranked among the top securities litigation firms in the U.S. [3] - The firm has a team of over 70 employees and specializes in complex securities litigation [3] Participation Details - Class members may be entitled to compensation without incurring out-of-pocket costs or fees [6] - Investors can contact Levi & Korsinsky via email or telephone for more information or to participate in the lawsuit [1][7]