Rentokil Initial plc Sued for Securities Law Violations - Contact Levi & Korsinsky Before January 27, 2025 to Discuss Your Rights - RTO
RentokilRentokil(US:RTO) Prnewswire·2025-01-17 10:45

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] Group 1: Allegations of the Lawsuit - The complaint claims that Rentokil faced significant disruptions during the early integration of Terminix, leading to ongoing execution challenges [2] - It is alleged that Rentokil and Terminix remained separate entities and that the failure to integrate negatively impacted 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 serving in this role [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the United States [4]