Formosan subterranean termite

Drakes Pest Announces $1 Million Lifetime Termite Protection

Retrieved on: 
Sunday, September 25, 2022

Drake Pest has announced a $1 Million Lifetime Termite Protection guarantee at no additional cost

Key Points: 
  • Orlando, Florida--(Newsfile Corp. - September 25, 2022) - Drake Lawn & Pest Control company, labeled number one in Orlando for its excellent services, announces a lifetime termite protection guarantee to its customers.
  • Customers who take their termite control services will get protection for the life of their home against Subterranean Termites.
  • People looking for pest control can avail themselves of a free pest inspection by filling in their name, ZIP code, and phone number on the company's website and scheduling an inspection.
  • Apart from a lifetime termite protection guarantee, the company provides a pest control money-back guarantee.

Homeowners Advised to Watch for Signs of Termites

Retrieved on: 
Wednesday, May 19, 2021

The damage and cost can be extensive, but it is highly preventable if homeowners stay vigilant and know what to do to prevent this costly damage.

Key Points: 
  • The damage and cost can be extensive, but it is highly preventable if homeowners stay vigilant and know what to do to prevent this costly damage.
  • "\nTelling signs of termites include:\nWings: One of the first signs of a termite problem is usually discarded wings around the area in your home such as windows and doors when termites swarm.\nSwarms:After their current colony has reached its capacity, termites will look for their next home.
  • "In fact, by the time a homeowner sees wood damage, the termites have most likely done a significant amount of property destruction.
  • The company ranked #20 on Pest Control Technology\'s Top 100 Pest Control Companies in 2020.

Five Termite Species All Homeowners Should Be Aware Of

Retrieved on: 
Thursday, March 4, 2021

Each year, termites cause more than $5 billion in property damage in the U.S., which is not typically covered by homeowners insurance.

Key Points: 
  • Each year, termites cause more than $5 billion in property damage in the U.S., which is not typically covered by homeowners insurance.
  • To an untrained eye, termite damage can easily go unnoticed, said Cindy Mannes, senior vice president of public affairs for the NPMA.
  • Dampwood termites infest wood with a high moisture content and are typically larger than other termite species.
  • Conehead termites are an invasive species and can remain undetected for years as they refrain from building nests until their colony is strong and healthy.

Terminix Announces Mobile Bay Formosan Termite Settlement with Alabama Attorney General

Retrieved on: 
Thursday, November 5, 2020

Terminix Global Holdings, Inc. (NYSE: TMX), a leading provider of residential and commercial pest control, today announced that it has reached a settlement with the Alabama Attorney General regarding its Mobile Bay Formosan termite business practices.

Key Points: 
  • Terminix Global Holdings, Inc. (NYSE: TMX), a leading provider of residential and commercial pest control, today announced that it has reached a settlement with the Alabama Attorney General regarding its Mobile Bay Formosan termite business practices.
  • Under Alabama law, this settlement is expected to mitigate future punitive damage awards from legacy termite damage by Mobile Bay area consumers, reducing the Companys potential exposure to termite damage claims filed after the date of the settlement.
  • Leveraging these improvements, we are better positioned to serve our Mobile Bay customers for years to come.
  • As indicated above, under Alabama law, this settlement is expected to mitigate the risk of punitive awards related to Terminixs historical termite operations in the Mobile Bay area, reducing the Companys potential exposure to termite damage claims.

Shareholder Alert: Robbins LLP Announces It Is Investigating ServiceMaster Global Holdings, Inc. (SERV) for Misleading Shareholders

Retrieved on: 
Thursday, June 11, 2020

Shareholder rights law firm Robbins LLP announces that it is investigating ServiceMaster Global Holdings, Inc. (NYSE: SERV) for alleged violations of the Securities Exchange Act of 1934 and whether the Company's officers and directors breached their fiduciary duties to shareholders.

Key Points: 
  • Shareholder rights law firm Robbins LLP announces that it is investigating ServiceMaster Global Holdings, Inc. (NYSE: SERV) for alleged violations of the Securities Exchange Act of 1934 and whether the Company's officers and directors breached their fiduciary duties to shareholders.
  • ServiceMaster provides residential and commercial termite and pest control, restoration, and cleaning services.
  • On October 22, 2019, ServiceMaster announced disappointing preliminary financial results for the third quarter 2019, having missed revenue and earnings estimates.
  • ServiceMaster attributed the disappointing results to "termite damage claims arising primarily from Formosan termite activity" and admitted that this had been a "known issue" since early 2018.

DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against ServiceMaster Global Holdings, Inc. and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, June 3, 2020

Investors have until June 9, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until June 9, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • On October 22, 2019, ServiceMaster announced disappointing preliminary financial results for the third quarter of 2019.
  • The press release attributed the disappointing results to termite damage claims arising primarily from Formosan termite activity, primarily in Mobile, Alabama.
  • The Company further stated that this had been a known issue, having taken mitigating measures starting in 2018.

Shareholder Alert: Robbins LLP Announces ServiceMaster Global Holdings, Inc. (SERV) Sued for Misleading Shareholders

Retrieved on: 
Tuesday, May 19, 2020

Shareholder rights law firm Robbins LLP announces that a purchaser of ServiceMaster Global Holdings, Inc. (NYSE: SERV) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between February 26, 2019 and November 4, 2019.

Key Points: 
  • Shareholder rights law firm Robbins LLP announces that a purchaser of ServiceMaster Global Holdings, Inc. (NYSE: SERV) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between February 26, 2019 and November 4, 2019.
  • ServiceMaster provides residential and commercial termite and pest control, restoration, and cleaning services.
  • However, on October 22, 2019, ServiceMaster announced disappointing preliminary financial results for the third quarter 2019, having missed revenue and earnings estimates.
  • ServiceMaster attributed the disappointing results to "termite damage claims arising primarily from Formosan termite activity" and admitted that this had been a "known issue" since early 2018.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against ServiceMaster, iAnthus, iQIYI, and GSX Techedu and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, May 6, 2020

The press release attributed the disappointing results to termite damage claims arising primarily from Formosan termite activity, primarily in Mobile, Alabama.

Key Points: 
  • The press release attributed the disappointing results to termite damage claims arising primarily from Formosan termite activity, primarily in Mobile, Alabama.
  • The Company further stated that this had been a known issue, having taken mitigating measures starting in 2018.
  • Finally, the Company announced the sudden departure of Matthew J. Stevenson in his role as President of Terminix Residential.
  • That same day, defendants held an earnings call with analysts and investors to discuss ServiceMasters third quarter 2019 financial results.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against ServiceMaster, iAnthus, iQIYI, and GSX Techedu and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, April 29, 2020

The press release attributed the disappointing results to termite damage claims arising primarily from Formosan termite activity, primarily in Mobile, Alabama.

Key Points: 
  • The press release attributed the disappointing results to termite damage claims arising primarily from Formosan termite activity, primarily in Mobile, Alabama.
  • The Company further stated that this had been a known issue, having taken mitigating measures starting in 2018.
  • Finally, the Company announced the sudden departure of Matthew J. Stevenson in his role as President of Terminix Residential.
  • That same day, defendants held an earnings call with analysts and investors to discuss ServiceMasters third quarter 2019 financial results.

SERVICEMASTER GLOBAL ALERT: Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against ServiceMaster Global Holdings, Inc. and Encourages Investors to Contact the Firm

Retrieved on: 
Monday, April 13, 2020

Investors have until June 9, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until June 9, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • On October 22, 2019, ServiceMaster announced disappointing preliminary financial results for the third quarter of 2019.
  • The press release attributed the disappointing results to termite damage claims arising primarily from Formosan termite activity, primarily in Mobile, Alabama.
  • The Company further stated that this had been a known issue, having taken mitigating measures starting in 2018.