BOSTON, Nov. 13, 2019 (GLOBE NEWSWIRE) -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors and whistleblowers nationwide, is investigating Cintas Corporation (NASDAQ: CTAS) and certain of its officers and directors for potential violations of federal securities laws.
On November 13, 2013, Spruce Point Management published an investment research opinion on Cintas, a uniform rental, safety, and fire inspection service company. According to the report, which largely relied upon information received through FOIA requests, there is evidence that Cintas’ Fire Protection Services was charged with fraud and is causing a public safety hazard by having workers conduct fire and safety inspections without proper licenses or permits, and by falsifying inspections. In response to this report, The Company’s share price fell as low as $9.76 per share, or about 4%, in intraday trading.
If you have purchased or otherwise acquired Cintas securities and have questions about your legal rights, or possess information relevant to this investigation, you are encouraged to contact attorney Mark Delaney at (617) 398-5600, by email at mdelaney@blockesq.com, or by visiting https://shareholder.law/ctas.
Block & Leviton LLP was recently ranked 4th among securities litigation firms by ISS for recoveries in 2017. The firm represents many of the nation's largest institutional investors and numerous individual investors in securities litigation throughout the country. Indeed, its lawyers have recovered billions of dollars for its clients.
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CONTACT:
BLOCK & LEVITON LLP
Mark Delaney
(617) 398-5600 phone
260 Franklin Street, Suite 1860
Boston, MA 02110
mark@blockesq.com