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RTO investors get chance to participate in Rentokil Initial plc fraud investigation with law firm Schall

RTO investors get chance to participate in Rentokil Initial plc fraud investigation with law firm Schall

Schall Law Firm, a national law firm focusing on shareholder rights litigation, announces that it is investigating claims alleging violations of the securities laws on behalf of investors of Rentokil Initial plc (“Rentokil” or “the Company”) (NYSE: RTO).

The investigation focuses on whether the company made false and/or misleading statements and/or failed to disclose information relevant to investors. Rentokil informed the market on 11 September 2024 that it expected full-year adjusted pre-tax profit to be lower than the previous year due to weak sales in the US. It also announced that it would cut jobs in the US due to cost overruns. On this news, Rentokil shares fell by more than 21% on the same day.