Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, March 26, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Rollins, Inc. (NYSE: ROL) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Rollins investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
In October 2020, Rollins disclosed that the SEC was investigating the establishment of accruals and reserves at period ends and their impact on reported earnings going back to January 2015. In February 2021, Rollins announced an internal investigation found a significant deficiency in the company's internal controls. On April 18, 2022, the SEC announced Rollins agreed to pay $8 million to settle charges of improperly boosting earnings per share by making unsupported reductions to accounting reserves. These events led to declines in Rollins' share prices, damaging investors.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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