YORK, June 17, 2022 /PRNewswire/ -- Jakubowitz
Law announces that a securities fraud class action lawsuit has
commenced on behalf of shareholders of Waste Management, Inc.
To receive updates on the lawsuit, fill out the
This lawsuit is on behalf of all purchasers of certain Waste
Management redeemable senior notes between February 13, 2020 and June
Shareholders interested in acting as a lead plaintiff
representing the class of wronged shareholders have until
August 8, 2022 to petition the
court. Your ability to share in any recovery doesn't require that
you serve as a lead plaintiff.
According to a filed complaint, Waste Management, Inc. issued
materially false and/or misleading statements and/or failed to
disclose that: (i) the U.S. Department of Justice had indicated to
Waste Management that it would require Waste Management to divest
significantly more assets than the $200
million indicated in the merger agreement between the
Company and Advanced Disposal Services; (ii) as a result, the
merger would not be completed by July 14,
2020, the end date under the merger agreement; and (iii) the
Waste Management redeemable senior notes would be subject to
mandatory redemption at 101% of par.
Jakubowitz Law is vigorous in pursuit of justice for
shareholders who have been the victim of securities fraud. Attorney
advertising. Prior results do not guarantee similar outcomes.
1140 Avenue of the Americas
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
SOURCE Jakubowitz Law