Girard Sharp LLP is investigating potential claims on behalf of former Terminix shareholders who received Rentokil (NYSE: RTO) through the 2022 merger.
Are you a former Terminix shareholder who received Rentokil stock in the October 2022 merger and suffer losses?
Book a free consultation via our contact form, or by calling (866) 981-4800 to discuss your options.
More About the Terminix-Rentokil Investigation
Rentokil is a UK-based pest control company that acquired Memphis-based Terminix on October 12, 2022. In the merger, new Rentokilshares were issued to former Terminix shareholders. On September 11, 2024, Rentokil disclosed in a series of conference calls, that trading performance was declining and the lack of integration of the two companies was “a manifestation of execution problems… It’s not a market phenomenon.” Following this news, the price of Rentokil ADS fell over 21%, from a closing price of $31.60 per ADS on September 10, 2024, to a closing price of $24.95 per ADS on September 11, 2024.
Former Terminix shareholders who received Rentokil stock in October 2022 may be eligible for relief.
We encourage you to fill out our form or call (866) 981-4800 for a free consultation today.
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Girard Sharp represents investors, consumers, and institutions in class actions and other complex litigation nationwide. We serve on the Plaintiffs’ executive committee in the recent spoofing litigation against JPMorgan Chase that settled for $60 million, a favorable resolution that the district court preliminarily approved in December 2021. We recently obtained a $36.5 million securities settlement against Maxar Technologies, a space imagery company, after its share price collapsed following its acquisition of DigitalGlobe. Our attorneys have obtained multimillion-dollar recoveries for victims of unfair and deceptive practices in antitrust, financial fraud, and consumer protection matters against some of the country’s largest corporations, including Raymond James, John Hancock, and Sears. Girard Sharp has earned top-tier rankings from U.S. News and World Report for Securities and Class Action Litigation and has been repeatedly selected as an Elite Trial Lawyers finalist by the National Law Journal.
