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The Gross Law Firm Reminds Rentokil Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 27, 2025 - RTO
RentokilRentokil(US:RTO) Prnewswire·2025-01-27 10:45

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Rentokil Initial plc regarding a class action lawsuit due to alleged misleading statements and execution challenges related to the integration of Terminix [1][2]. Group 1: Allegations - The complaint alleges that Rentokil faced significant disruption during the early integration of Terminix, which was not disclosed to shareholders [1]. - It is claimed that Rentokil encountered ongoing self-inflicted execution challenges that jeopardized the integration plan for Terminix [1]. - The separation of Rentokil and Terminix as two distinct businesses negatively impacted Rentokil's operations, particularly organic revenue growth in North America [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as December 1, 2023, to September 10, 2024 [1]. - Shareholders are encouraged to register for the class action by the deadline of January 27, 2025, to potentially be appointed as lead plaintiffs [2]. - Participants will be enrolled in a portfolio monitoring software to receive updates on the case's progress [2]. Group 3: Firm Background - The Gross Law Firm is recognized nationally for its commitment to protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].