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Case Status:    DISMISSED    
On or around 10/05/2022 (Date of order of final judgment)

Filing Date: April 10, 2020

According to the Complaint, ServiceMaster Global Holdings, Inc. is a leading provider of essential services to residential and commercial customers in the termite, pest control, cleaning and restoration markets, operating through an extensive service network of more than 8,000 company?-owned locations and franchise and license agreements.

The Complaint alleges that during the Class Period, Defendants materially misled the investing public, thereby inflating the price of ServiceMaster's common stock, by publicly issuing false and/or misleading statements and/or omitting material facts necessary to make Defendants' statements, as set forth herein, not false and/or misleading.

This case was voluntarily dismissed on June 12, 2020. A related case continues under Docket 20-CV-00457 in the Middle District of Tennessee. On July 30, the case was transferred to the Western District of Tennessee.

On May 13, 2021, the Court issued an Order appointing Lead Plaintiff and Counsel. Lead Plaintiff filed an amended Complaint on June 28. Defendants filed a Motion to Dismiss the amended Complaint on August 12.

On March 31, 2022, the Court issued an Order granting Defendants' Motion to Dismiss the Rule 10b-5(b) misrepresentations claim but took no position on the merits of the Amended Complaint's allegations of scheme liability under Rule 10b-5(a) or (c).

Defendants filed a Motion for Judgment on the Pleadings on May 25, 2022. On October 5, the Court granted Defendants' Motion.

On November 4, 2022, Lead Plaintiff filed a notice appealing the Court's Dismissal Order entered on March 31, 2022 and the Judgment entered on October 5, 2022. On September 28, 2023, the Court of Appeals affirmed the District Court's Dismissal Order and Judgment.

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