Core Viewpoint - A class action securities lawsuit has been filed against Rentokil Initial plc, alleging securities fraud that affected 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, which were not disclosed to investors [2]. - It is alleged that Rentokil encountered ongoing execution challenges that jeopardized the integration plan for Terminix, indicating that the two companies remained separate entities [2]. - The failure to effectively integrate Terminix is said to have negatively impacted Rentokil's business operations, 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 [2]. Group 2: Next Steps for Affected Investors - Investors who suffered losses during the specified timeframe have until January 27, 2025, to request appointment as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing significant compensation for shareholders and has been recognized as a leading firm in securities litigation [4]. - The firm has over 20 years of experience and a team of more than 70 employees dedicated to serving clients in complex securities cases [4].
Rentokil Initial plc Class Action: Levi & Korsinsky Reminds Rentokil Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 27, 2025 – RTO