Remaining Scheme Liability Claims Dismissed In Terminix Investor Suit

Mealey's (October 6, 2022, 2:54 PM EDT) -- MEMPHIS, Tenn. — A federal judge in Tennessee on Oct. 5 ruled that the lead plaintiff in a securities class action against Terminix Global Holdings Inc. and two of its senior executives has failed to sufficiently plead scienter in alleging that the defendants engaged in a scheme to deceive investors regarding the true nature of the company’s growth and termite damage claims in violation of federal securities law....