openPR Logo
Press release

Investigation announced for Long-Term Investors in shares of ServiceMaster Global Holdings, Inc. (NYSE: SERV)

07-29-2020 09:53 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in ServiceMaster Global Holdings, Inc. (NYSE: SERV) shares.

An investigation on behalf of current long term investors in ServiceMaster Global Holdings, Inc. (NYSE: SERV) shares.

An investigation on behalf of current long-term investors in shares of ServiceMaster Global Holdings, Inc. (NYSE: SERV) concerning potential breaches of fiduciary duties by certain directors and officers of ServiceMaster Global Holdings, Inc. was announced.

Investors who are current long term investors in ServiceMaster Global Holdings, Inc. (NYSE: SERV) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NYSE: SERV stocks follows a lawsuit filed against ServiceMaster Global Holdings, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: SERV stocks, concerns whether certain ServiceMaster Global Holdings, Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that, the defendants repeatedly assured the market that ServiceMaster was successfully executing upon initiatives to improve the performance in the Terminix segment, that the defendants stated that Terminix would reach a positive “inflection point” and was “definitely the driver” for positive trends expected in the second half of 2019, that unbeknownst to investors, however, in the past several years the Terminix segment had experienced an adverse trend of costly termite litigation, primarily related to Formosan termite activity, and that this negative trend, which would ultimately impact ServiceMaster’s current and future financial results, was known to Defendants between February 26, 2019 and November 4, 2019, as by their own later admission they had been taking mitigating measures since 2018.

Those who purchased shares of ServiceMaster Global Holdings, Inc. (NYSE: SERV) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Investigation announced for Long-Term Investors in shares of ServiceMaster Global Holdings, Inc. (NYSE: SERV) here

News-ID: 2099286 • Views: 547

More Releases from Shareholders Foundation

Investigation for Long-Term Investors in Ebix, Inc. (NASDAQ: EBIX) announced
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Ebix, Inc.. Investors who are current long term investors in Ebix, Inc. (NASDAQ: EBIX) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm for current long term investors in NASDAQ: EBIX stocks follows a lawsuit filed against Ebix, Inc. over
Deadline May 31st coming up in Lawsuit for Investors in SOS Limited (NYSE: SOS)
A deadline is coming up on May 31, 2021 in the lawsuit filed for certain investors of SOS Limited (NYSE: SOS). Investors who purchased shares of SOS Limited (NYSE: SOS) have certain options and there are strict and short deadlines running. Deadline: May 31, 2021. SOS Limited (NYSE: SOS) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. According to the complaint filed in the U.S. District
Investigation announced for NYSE: DNMR Investors over possible Wrongdoing at Dan …
An investigation was announced over potential breaches of fiduciary duties by certain directors at Danimer Scientific, Inc. Investors who purchased shares of Danimer Scientific, Inc. (NYSE: DNMR) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm concerns whether certain Danimer Scientific, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders. Bainbridge, GA based
Investigation announced for Long-Term Investors in shares of Sonic Automotive, I …
Certain directors of Sonic Automotive, Inc are under investigation over potential breaches of fiduciary duties. Investors who purchased shares of Sonic Automotive, Inc. (NYSE: SAH) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm concerns whether certain Sonic Automotive, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders. Charlotte, NC based Sonic Automotive,

All 5 Releases


More Releases for ServiceMaster

Lawsuit filed for Investors in shares of ServiceMaster Global Holdings, Inc. (NY …
An investor, who purchased shares of ServiceMaster Global Holdings, Inc. (NYSE: SERV), filed a lawsuit over alleged Securities Laws violations by ServiceMaster Global Holdings, Inc. Investors who purchased shares of ServiceMaster Global Holdings, Inc. (NYSE: SERV) have certain options and for certain investors are short and strict deadlines running. Deadline: June 9, 2020. NYSE: SERV investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. On October
Contract Cleaning Services Market Competitive Analysis to 2023: ISS A/S, Service …
The Contract Cleaning Services Market report offers an analytical assessment of the prime challenges faced by the market currently and in the coming years, which gives idea to other market participants about the problems they may face while operating in this market over a longer period of time. Our team of innovative analysts, research experts, statisticians, forecasters and economists work strictly to present you with this advanced and all-inclusive market
Pest Control Market – Global Industry Analysis, Growth, Trends, Size, Share an …
The pest control services industry includes firms that are involved in the professional management of pests, termites, rodents, and other species that can cause health issues or undesired quality of life for humans. The increase in insurance-based pest control services will be one of the major factors that will have a positive impact on the growth of this market in the coming years. Our market research analysts have predicted that
Pest Control Services Market to Witness Huge Growth by 2022: Key Players - Antic …
A new independent 121 page research with title 'Global Pest Control Services Market Report 2018 ' guarantees you will remain better informed than your competition. The study covers geographic analysis that includes regions like North America Country (United States, Canada), South America, Asia Country (China, Japan, India, Korea), Europe Country (Germany, UK, France, Italy), Other Country (Middle East, Africa, GCC) and important players/vendors such as Anticimex, Ecolab, Rentokil Initial,
Landscaping Services Market Is Booming Worldwide | Gothic Landscape, Stantec, Th …
HTF MI released a new market study on Global Landscaping Services Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates
Pest Control : 2018 Leading Market Players - Rollins, Inc., Rentokil Initial Plc …
Press Release - 13 April 2018 Global Research and Development News -- . . Report Description- '