Servicemaster Global Holdings, Inc. Class Action Lawsuit - SERV

Company
Servicemaster Global Holdings, Inc. (NYSE: SERV)
Lead Plaintiff Deadline
June 9, 2020 (Expired)
Class Period
February 26, 2019 - November 4, 2019

Expired

Lead Plaintiff Deadline

Jun 9, 2020

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Allegations

(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.

Eligibility

In order to be eligible to join the SERV class action lawsuit, you must have incurred a loss on shares of Servicemaster Global Holdings, Inc. purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Servicemaster Global Holdings, Inc. during the relevant time frame or pursuant to the relevant offering(s), you have until June 9, 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.

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