Select Page

Waste Management Class Action Lawsuit WM | Deadline August 8, 2022

Waste Management Class Action Lawsuit
(WM Lawsuit)

The Gross Law Firm notifies investors that a class action (Waste Management Class Action Lawsuit) has commenced in the United States District Court for the Southern District of New York on behalf of shareholders of Waste Management, Inc. (WM) who purchased redeemable senior notes between February 13, 2020 and June 23, 2020.

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) the U.S. Department of Justice had indicated to WM 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 WM redeemable senior notes would be subject to mandatory redemption at 101% of par.

If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in the respective securities during the class periods. Members of the class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No class has yet been certified in the above action. Appointment as Lead Plaintiff is not required to partake in any recovery.

Shareholders have until August 8, 2022 to request that the court appoint them lead plaintiff.

Waste Management Class Action

The lead plaintiff motion deadline for the securities class action lawsuit filed on behalf of investors who bought certain redeemable senior notes (the “Notes”) of Waste Management, Inc. (“WM” or the “Company”) (NYSE: WM) between February 13, 2020 and June 23, 2020, inclusive (the “Class Period”) has passed. Bernstein Liebhard LLP, a nationally recognized investor rights law firm, reminds investors of this deadline. These senior redeemable notes were issued by WM in May 2019 and are included in the Notes: I 2.95% Senior Notes due 2024; (ii) 3.20% Senior Notes due 2026; (iii) 3.45% Senior Notes due 2029; and (iv) 4.00% Senior Notes due 2039. The Southern District of the United States District Court received the complaint.

Waste Management Lawsuit

WM) in the United States District Court for the Southern District of New York on behalf of all individuals and entities that bought or otherwise acquired Waste Management senior redeemable notes between February 13, 2020 and June 2, 2021. NEW YORK—(BUSINESS WIRE)—Bragar Eagel & Squire, P.C., a nationally renowned stockholder rights law firm, reminds investors that a class action lawsuit has been filed against Waste Management, Inc. Investors may ask the court to appoint them as the case’s lead plaintiff until August 8, 2022.

WM Class Action Lawsuit

The DOJ had informed Waste Management that it would require Waste Management to divest significantly more assets than the $200 million Antitrust Revenue Threshold, (ii) as a result, the merger would not be finished by the End Date, and (iii) the Notes would be subject to mandatory redemption at 10 percent. These are some of the claims made in the Waste Management class action lawsuit.

WM Class Action

In order to continue offering you the best value in waste-related services, Waste Management is committed to reducing expenses. This can be achieved through arbitration-based efficient dispute resolution or litigation avoidance. We have included the below-listed binding arbitration procedure into our Agreement for these and other reasons, including our attempt to settle disagreements with you, our client, amicably. Waste Management sincerely hopes that any problem can be amicably resolved through local management and/or your sales representative before resorting to arbitration. Another alternative dispute resolution method that Waste Management is open to exploring with you is mediation, in which a mediator would assist us in working together to resolve our conflict.

WM Lawsuit

According to the complaint, the defendants misrepresented or hid the following: I the U.S. The Department of Justice had informed Waste Management that I the merger would not be finished by July 14, 2020, the deadline set forth in the merger agreement; (ii) as a result, the Waste Management redeemable senior notes would be subject to mandatory redemption at 101% of par; and (iii) the Department of Justice would require Waste Management to divest significantly more assets than the $200 million set forth in the merger agreement between the Company and Advanced Disposal Services.

WM stock

Holding company Waste Management, Inc. (WM) is involved. It offers trash management and environmental services across North America, including Canada and the United States. The Company offers collection, transfer, disposal, recycling, and resource recovery services through its subsidiaries. Additionally, it builds, manages, and owns landfill gas-to-energy facilities in the US. Residential, commercial, industrial, and municipal clients are among its North American clients. East Tier and West Tier are its two functioning segments for solid waste. The Eastern United States, the Great Lakes region, and a large portion of Canada make up the majority of the regions that make up the East Tier. The upper Midwest region, British Columbia, and other regions in the Western United States and Canada make up the majority of the West Tier.

To receive more information, please fill out the form.

Waste Management, Inc. Class Action Lawsuit
Waste Management, Inc. Lawsuit
WM Class Action Lawsuit
WM Lawsuit
Waste Management, Inc. (WM) Class Action Lawsuit
Waste Management Class Action Lawsuit,
Waste Management Class Action,
Waste Management Lawsuit,
WM Class Action Lawsuit,
WM Class Action,
WM Lawsuit,
WM Stock