StockNews.AI
RTO
StockNews.AI
207 days

RTO Deadline: RTO Investors Have Opportunity to Lead Rentokil Initial plc Securities Fraud Lawsuit

1. Rosen Law Firm reminds ADS purchasers of Rentokil about class action suit. 2. Class Period spans from December 1, 2023, to September 10, 2024. 3. Investors may join without upfront costs through contingency arrangements. 4. Lawsuit claims misleading statements about Terminix integration affected performance. 5. True issues reportedly harmed Rentokil's organic revenue growth in North America.

6m saved
Insight
Article

FAQ

Why Bearish?

Legal issues and class-action concerns often negatively impact share prices, as seen previously with other firms facing lawsuits.

How important is it?

Legal actions can significantly sway market perception and investor decisions, impacting stock liquidity and trust.

Why Short Term?

The lead plaintiff deadline looms, likely affecting investor sentiment and stock price in the near term.

Related Companies

RTOADMCARR
NEW YORK, Jan. 24, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of American Depositary Shares ("ADS") of Rentokil Initial plc (NYSE: RTO) between December 1, 2023 and September 10, 2024, both dates inclusive (the "Class Period"), of the important January 27, 2025 lead plaintiff deadline. So what: If you purchased Rentokil ADSs during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the Rentokil class action, go to https://rosenlegal.com/submit-form/?case_id=31778 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 27, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Details of the case: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Rentokil experienced levels of disruption in the early pilots of the Terminix integration; (2) Rentokil experienced significant, ongoing, self-inflicted execution challenges integrating Terminix; (3) the disruption and execution challenges imperiled Rentokil's integration plan for Terminix; (4) Rentokil and Terminix were still two separate businesses that were not yet integrated; (5) Rentokil's failure to integrate Terminix negatively impacted the Rentokil's business and operations, particularly organic revenue growth in North America; and (6) as a result of the above, defendants' positive statements about the Rentokil's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Rentokil class action, go to https://rosenlegal.com/submit-form/?case_id=31778 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq.Phillip Kim, Esq.The Rosen Law Firm, P.A.275 Madison Avenue, 40th FloorNew York, NY 10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax: (212) 202-3827[email protected] www.rosenlegal.com SOURCE THE ROSEN LAW FIRM, P. A.

Related News