Levi & Korsinsky Announces an Investigation on Behalf of Rentokil Initial plc (RTO) Shareholders Who May Have Been Affected by Fraud
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Levi & Korsinsky has initiated an investigation into Rentokil Initial plc (NYSE:RTO) for potential violations of federal securities laws. The investigation follows Rentokil's disclosure of a decline in expected full-year adjusted pretax profit due to weaker sales in North America.
December 01, 2024 | 2:15 pm
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Rentokil Initial plc is under investigation by Levi & Korsinsky for potential securities law violations after announcing a reduced profit forecast due to weak North American sales.
The investigation by Levi & Korsinsky into potential securities law violations is likely to negatively impact Rentokil's stock price in the short term. The company's reduced profit forecast due to weaker sales in its largest market, North America, adds to investor concerns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100