NEW
YORK, July 22, 2022 /PRNewswire/ -- Jakubowitz
Law announces that a securities fraud class action lawsuit has
commenced on behalf of shareholders of Waste Management, Inc.
(NYSE: WM).
To receive updates on the lawsuit, fill out the
form:
https://claimyourloss.com/securities/waste-management-inc-loss-submission-form/?id=30081&from=4
This lawsuit is on behalf of all purchasers of certain Waste
Management redeemable senior notes between February 13, 2020 and June
23, 2020.
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.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law