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Violation Tracker Individual Record

Company: Rollins Inc.
Current Parent Company: Rollins Inc.
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $8,000,000
Year: 2022
Date: April 18, 2022
Offense Group: financial offenses
Primary Offense: accounting fraud or deficiencies
Violation Description: Rollins Inc. agreed to pay $8 million to settle charges that it engaged in improper accounting practices in order to boost its publicly-reported quarterly earnings per share (EPS) to meet research analysts' consensus estimates.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Georgia
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: miscellaneous services
Specific Industry of Current Parent: pest control
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.