ROSEN, TOP INVESTOR ADVISOR, encourages Rollins,

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NEW YORK, April 27, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, is continuing to investigate potential securities claims on behalf of Rollins, Inc. (NYSE: ROL) shareholders arising from allegations that Rollins allegedly may have provided misleading business information to the investing public.

SO WHAT: If you purchased Rollins titles, you may be entitled to compensation without payment of fees or out-of-pocket expenses through a contingency fee arrangement. The law firm Rosen is preparing a class action lawsuit seeking to recover the losses of the investors.

WHAT TO DO NEXT: To join the potential class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=2735 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for class action information.

WHAT DOES IT TALK ABOUT: On October 28, 2020, Rollins disclosed that a U.S. Securities and Exchange Commission (SEC) investigation had been initiated and believed the SEC was focused on how accrued liabilities and reserves were established at the end of period and their impact on reported earnings back to January. 2015.

On February 26, 2021, Rollins announced that an internal investigation into the same matters revealed “a material deficiency in the Company’s internal controls relating to the documentation and review of accounting entries for certain reserves and accrued liabilities” .

On April 18, 2022, the SEC announced that Rollins had agreed to pay $8 million to settle charges that Rollins made unwarranted reductions in its book reserves to improperly increase its earnings per share.

On this news, Rollins’ stock price fell $0.55, or about 1.6%, to close at $34.29 on April 18, 2022, hurting investors.

WHY THE ROSEN LAW: We encourage investors to select qualified attorneys with proven track records in leadership roles. Often, companies issuing reviews do not have comparable experience, resources, or significant peer recognition. Be wise in choosing lawyers. Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder derivative litigation. Rosen Law Firm has reached the largest securities class action settlement against a Chinese company. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has ranked in the top 4 every year since 2013 and has recovered hundreds of million dollars for investors. In 2019 alone, the company 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 lawyers 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/.

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Contact information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

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