Lead Plaintiff Deadline: June 09, 2020
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(a) ServiceMaster had failed to properly inspect and treat for Formosan termite activity; (b) as a result thereof, the Company was and continued to experience a material adverse trend of costly litigation from injured customers which was not disclosed to investors; (c) in an unsuccessful attempt to mitigate this trend, Defendants had been taking remedial measures since at least 2018, including drastically raising prices for termite treatments in Mobile, Alabama to deter contract renewals; and (d) as a result of the foregoing, ServiceMaster’s financial results were reasonably likely to be impacted, and would continue to impact the Company into 2020.
In order to be included in the lawsuit, you must have incurred a loss on shares of Servicemaster Global Holdings, Inc. purchased or acquired during the class period listed above.
If you suffered a loss in Servicemaster Global Holdings, Inc. during the relevant time frame, you have until June 09, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.