The Federal Trade Commission said it ordered Rollins (ROL) to stop enforcing noncompete agreements against more than 18,000 employees. “The agency also sent warning letters to 13 other companies in the pest-control industry that employ many thousands more workers, urging the firms to review their employment agreements to ensure they do not contain any unfair or anticompetitive noncompete provisions,” it added.
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Read More on ROL:
- Rollins initiated with a Hold at Loop Capital
- Rollins price target lowered to $58 from $62 at UBS
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