Lowey Dannenberg Notifies Rentokil Initial PLC (“Rentokil” or the “Company”) (NYSE: RTO) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $200,000 in Losses to Contact the Firm
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Lowey Dannenberg P.C. has filed a class action lawsuit against Rentokil Initial PLC (NYSE: RTO) for alleged violations of federal securities laws. The lawsuit targets investors who acquired Rentokil stock between December 1, 2023, and September 10, 2024. Investors with losses exceeding $200,000 are encouraged to contact the firm.
January 17, 2025 | 5:00 pm
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NEGATIVE IMPACT
Rentokil Initial PLC is facing a class action lawsuit for alleged securities law violations, potentially impacting its stock price negatively in the short term.
The announcement of a class action lawsuit against Rentokil for alleged securities law violations is likely to create negative sentiment among investors, potentially leading to a short-term decline in the stock price. The lawsuit targets a specific period and involves significant investor losses, which could further exacerbate the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100