ServiceMaster Global Holdings, Inc. Securities Litigation
On or around 07/30/2020 (Date of last review)
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.
Company & Securities Information
Defendant: ServiceMaster Global Holdings, Inc.
Industry: Personal Services
Headquarters: United States
Ticker Symbol: SERV
Company Market: New York SE
Market Status: Public (Listed)
About the Company & Securities Data
"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.
In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Michael Ruttenberg, et al. v. ServiceMaster Global Holdings, Inc., et al.