ServiceMaster Global Holdings, Inc.

DEADLINE (SERV) ALERT: Johnson Fistel, LLP Reminds ServiceMaster Global Investors of Class Action Deadline; Investors Encouraged to Contact Firm

SAN DIEGO- PRNewswire —April 19, 2020

Shareholder rights law firm Johnson Fistel, LLP reminds investors that a class action lawsuit has been filed against ServiceMaster Global Holdings, Inc. (“ServiceMaster” or the Company”) (NYSE: SERV) on behalf of all purchasers of common stock during the period between February 26, 2019 and November 4, 2019, inclusive (the “Class Period”).

If you wish to serve as a lead plaintiff, you must move the Court no later than June 9, 2020. If you want to discuss this action or have any questions concerning this notice, please contact lead analyst Jim Baker ([email protected]) at 619-814-4471. If you email, please include your phone number.

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The complaint alleges that during the Class Period, defendants made false and misleading statements and failed to disclose: (1) that ServiceMaster had failed to inspect and treat for Formosan activity properly; (2) as a result thereof, the Company was and continued to experience a material adverse trend of costly litigation from injured customers which was not disclosed to investors; (3) that in an unsuccessful attempt to mitigate this trend, Defendants had been taking remedial measures since at least 2018, including drastically raising prices for termite treatments in Mobile, Alabama to deter contract renewals; and (4) as a result of the preceding, ServiceMaster’s financial results were reasonably likely to be impacted and would continue to impact the Company into 2020.

The plaintiff seeks to recover damages on behalf of all purchasers of ServiceMaster common stock during the Class Period.

About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit https://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
[email protected]

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  • Plaintiff certifies that:
    • 1. Plaintiff did not acquire the security that is the subject of this action at the direction of plaintiff's counsel or in order to participate in this private action or any other litigation under the federal or state securities laws.
    • 2. Plaintiff is willing to serve as a representative party, including providing testimony at deposition and trial, if necessary.
    • 3. Plaintiff represents and warrants that he/she/it is fully authorized to enter into and execute this certification.
    • 4. If a class action is filed, Plaintiff will not accept any payment for serving as a representative party on behalf of a class beyond the Plaintiff's pro rata share of any recovery, except such reasonable costs and expenses (including lost wages) directly relating to the representation of the class as ordered or approved by the court.
    • 5. For purposes of a class action, Plaintiff has made no transaction(s) during the Class Period in the debt or equity securities that are the subject of this action except those set forth below:
  • Acquisitions (include: date shares were acquired, number of shares acquired, and acquisition price per share. Separate each item with a comma. For multiple acquisitions, separate each acquisition with a new line):
  • Sales (include: date shares were sold, number of shares sold, and selling price per share. Separate each item with a comma. For multiple sales, separate each sale with a new line.):
  • During the three years prior to the date of this certification, Plaintiff has not sought to serve or be served as a representative party for a class in an action filed under the federal securities law except if detailed below:

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