WM SHAREHOLDER ALERT: Jakubowi – GuruFocus.com

NEW YORK, June 17, 2022 /PRNewswire/ — Jakubowitz Law announces that a securities fraud class action lawsuit has been filed on behalf of shareholders of Waste Management, Inc. (NASDAQ: WM).

To receive updates on the trial, complete the form:

This lawsuit is on behalf of all purchasers of certain redeemable senior notes of Waste Management between February 13, 2020 and June 23, 2020.

Shareholders interested in acting as lead plaintiff representing the group of aggrieved shareholders have up to August 8, 2022 seize the tribunal. Your ability to participate in any collection does not require you to serve as the lead plaintiff.

According to a complaint filed, Waste Management, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the United States Department of Justice advised Waste Management that it would require Waste Management to yield much more assets than $200 million set forth in the merger agreement between the Company and Advanced Disposal Services; (ii) as a result, the merger would not be effected by July 14, 2020, the termination date provided for in the merger agreement; and (iii) the redeemable senior notes of Waste Management would be subject to a mandatory redemption at 101% of par.

The Jakubowitz Act is vigorous in its pursuit of justice for shareholders who have been victims of securities fraud. Lawyer advertisement. Prior results do not guarantee similar results.

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SOURCE Jakubowitz’s Law

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