ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Rollins, Inc. Investors with Losses to Inquire About Class Action Investigation - ROL
NEW YORK, Nov. 26, 2021 /PRNewswire/ --
Rosen Law Firm, P.A. Logo
WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Rollins, Inc. (NYSE: ROL) resulting from allegations that Rollins may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Rollins securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to http://www.rosenlegal.com/cases-register-2215.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
WHAT IS THIS ABOUT: On October 28, 2020, Rollins disclosed that a U.S. Securities and Exchange Commission (SEC) investigation had been initiated and believed the SEC's focus to be how accruals and reserves were established at period ends and their impact on reported earnings going as far back as January 2015.
On February 26, 2021, Rollins announced that an internal investigation into the same matters found "a significant deficiency in the Company's internal controls relating to the documentation and review of accounting entries for certain reserves and accruals."
Then, on October 29, 2021, Rollins stated that it "has initiated discussions with the SEC staff regarding a potential resolution of the investigation" and "recorded an accrual related to this matter in the third quarter of 2021."
On this news, Rollins stock fell $1.02, or 3%, to close at $34.03 per share on November 1, 2021, damaging investors.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/rosen-national-investor-counsel-encourages-rollins-inc-investors-with-losses-to-inquire-about-class-action-investigation--rol-301431930.html
SOURCE Rosen Law Firm, P.A.
Indonesia names new capital that will replace Jakarta
Lawmakers approve proposals to relocate the capital from Jakarta, which is sinking at an alarming rate.
Assisted Living Locators Encourages Engaging With Older Adults Amid Ongoing Pandemic To Combat Social Isolation, Shares How Franchisees Are Supporting Most Vulnerable
Amid a pandemic that has gone on for almost two years, seniors continue to face loneliness and social isolation that can impact their well-being. Assisted Living Locators, a nationwide senior placement and referral service, is encouraging engaging with older adults to combat those issues and is sharing inspirational stories of how its franchisees are supporting the most vulnerable in our communities during these difficult times.
Canadian natural disasters caused insured losses of C$2.1 billion in 2021
Severe weather events in Canada caused insured losses of C$2.1 billion ($1.68 billion) last year, making 2021 the sixth-costliest since 1983, the Insurance Bureau of Canada (IBC) said in a statement on Tuesday. "In today's world of extreme weather events, the new normal for yearly insured catastrophic losses in Canada has become C$2 billion, most of it due to water-related damage," Craig Stewart, vice-president, federal affairs, for the IBC, said in the statement, adding that this compares with an average of C$422 million a year between 1983 and 2008. The IBC data come on the heels of a report published on Friday by the Bank of Canada and the country's financial regulator that said that delaying actions to prepare for a transition to a low-carbon economy exposes financial institutions and investors to "sudden and large losses."
Sky Harbour Group LLC and Yellowstone Acquisition Company Announce Up to $70 Million Forward-Purchase Agreement in Connection with Proposed Business Combination
OMAHA, Neb., January 18, 2022--Sky Harbour LLC ("Sky"), which aims to address the shortage of private aviation hangars in many areas across the country by establishing a network of turnkey upscale business aviation hangar complexes, and Yellowstone Acquisition Company ("Yellowstone" or the "Company") (NYSE: YSAC, YSACU, YSACW), a publicly-traded special purpose acquisition company, today announced that in connection with their proposed business combination (the "Business Combination"), Yellowsto
Insights on the Filgrastim Global Market to 2027 - Featuring Abbott Laboratories, Amgen and Pfizer Among Others - ResearchAndMarkets.com
DUBLIN, January 18, 2022--The "Global Filgrastim Market By Drug Type, By Indication, By Distribution Channel, By Regional Outlook, Industry Analysis Report and Forecast, 2021 - 2027" report has been added to ResearchAndMarkets.com's offering.
Establishing retail partnerships with entrepreneurial laser engravers engages shoppers, drives sales, touches hearts, and differentiates stores
A chance encounter during a shopping trip to Crate & Barrel in Novi, Mich., led to an unexpected opportunity for entrepreneur Nicole Smith, owner of Cutting Edge Lazer Engraving. After striking up a conversation with a store manager, Smith was invited to set up her AP Lazer equipment instore during the 2021 holiday shopping season to provide complimentary engraving on customer purchases. The Crate & Barrel store pre-promoted these special events and compensated the home-based engraving company.
Small yield of Florida oranges could mean higher juice prices
It's peak citrus season in the U.S., but Florida orange groves had a bitter yield of the beloved sweet and tart winter fruit. The U.S. Department of Agriculture reported that orange crops are projected to be down for the second consecutive season, which could send prices that were already high due to the pandemic, even higher. The historically low production could be 16% less than last season's final count, the USDA found.
Robert Page to lead Wales play-off campaign after Ryan Giggs court case delayed
The former Manchester United star has been on leave from his role since November 2020.
MIPI Alliance Releases A-PHY v1.1, Doubling Maximum Data Rate and Adding New Implementation Options to Automotive SerDes Interface
PISCATAWAY, N.J., January 18, 2022--MIPI Alliance releases A-PHY v1.1, doubling the maximum data rate and adding new implementation options to the automotive SerDes interface.
ContinuServe Aligns 14 Service Providers Under M&A Consortium
CAMBRIDGE, Mass., Jan. 18, 2022 (GLOBE NEWSWIRE) -- ContinuServe has announced a new M&A consortium of 14 partnering service providers that work together to deliver comprehensive, structured merger and acquisition (M&A) transaction services that individually would not be possible. ContinuServe's M&A Consortium is working behind the scenes to bring forth a playbook of services among the providers that create efficiencies and streamline transactions. Each firm has a concerted focus on private equi
Best Life Brands Marks 2021 With an Acquisition, 100+ Territory Expansion, and Multiple Awards
Best Life Brands, LLC ("Best Life Brands"), a multi-brand franchised organization that includes Blue Moon Estate Sales, CarePatrol, ComForCare, At Your Side Home Care, and Boost Home Healthcare ended the year with 112 franchise agreements awarded across all brands, the acquisition of a home health company, and multiple national awards.
Jim Obergefell, Man At Center Of SCOTUS Marriage Equality Case, Running For Office
Obergefell, the lead plaintiff in the 2015 Supreme Court case that legalized marriage equality, is running for a seat in the Ohio House.
When the pandemic closed KC schools, this man took meals to kids. Then COVID took his life.
"As a man of faith, he understood the calling God had on his life," wrote the family of Rafael Hines, who dedicated his life to helping Kansas City youth. Hines died recently after contracting COVID-19.
QuVa Pharma Appoints Ms. Carole Faig to its Board of Directors as Independent Outside Director and Chair of the Audit Committee
QuVa Pharma, Inc., a leading national 503B outsourcing services company to U.S. hospitals, and its parent company, QuVa Pharma Holdings, Inc. (both, "QuVa Pharma") have today announced the appointment of Carole Faig as an independent outside director. Ms. Faig will also serve as Chairperson of the QuVa Pharma Board Audit Committee.
Wellster completes series B with $60M to launch FemTech platform
Wellster Healthtech Group announces a further $20M in funding, just six months after raising $40M. Wellster is thus closing its series B.
Textron Names Shannon Hines Senior Vice President, Government Affairs & Washington Operations
PROVIDENCE, R.I., January 18, 2022--Textron announces Shannon Hines as senior vice president, Government Affairs & Washington Operations.
HuffPost Life
Jeff Goldblum, Kyle MacLachlan Rule The Runway At Prada Menswear Show
The two walked alongside eight other actors, chosen by the designers to represent "real men, recognized figures."
Weber's 2022 smart grill lineup includes gas and pellet options
Weber has new smart grills for 2022, including gas-burning Genesis models and an all-black SmokeFire pellet option.