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]
Contact Levi & Korsinsky by January 27, 2025 Deadline to Join Class Action Against Rentokil Initial plc (RTO)
Rentokil(RTO) Prnewswire·2025-01-03 10:30