SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Rollins, Inc. - ROL

New York, New York--(Newsfile Corp. - January 7, 2023) - Pomerantz LLP is investigating claims on behalf of investors of Rollins, Inc. ("Rollins" or the "Company") (NYSE: ROL). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.

The investigation concerns whether Rollins and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

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On October 28, 2020, Rollins disclosed a U.S. Securities and Exchange Commission ("SEC") investigation into how the Company established accruals and reserves at period-end and the impact of those accruals and reserves on reported earnings for periods beginning January 1, 2015. The Company's subsequently filed Annual Report later disclosed the results of an internal Company-initiated investigation that found a significant deficiency in the Company's internal controls relating to the documentation and review of accounting entries for certain reserves and accruals. On October 29, 2021, Rollins reported that it had initiated discussions with the SEC staff regarding a potential investigation resolution. Then, on April 18, 2022, the SEC announced that Rollins agreed to pay $8 million to settle charges that Rollins made unsupported reductions to its accounting reserves to improperly boost its earnings per share.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/150622