NEW YORK, June 23, 2022 /PRNewswire/ — Levi & Korsinsky, LLP advises investors of waste management, inc. (“Waste Management” or the “Company”) (NYSE: WM) a securities class action lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Waste Management investors who were harmed by alleged securities fraud. This lawsuit is on behalf of all purchasers of certain redeemable senior notes of Waste Management between February 13, 2020 and June 23, 2020. Follow the link below for more information and to be contacted by a member of our team:
WM investors can also contact Joseph E. Levi, Esq. by email at [email protected] or by phone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that the defendants misrepresented and/or concealed that: (i) the United States Department of Justice had indicated to Waste Management that it would require Waste Management to divest substantially more assets than the $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.
AND AFTER? If you have suffered a loss in Waste Management during the relevant period, you have until August 8, 2022 ask the court to appoint you as the main plaintiff. Your ability to participate in any collection does not require you to serve as the lead plaintiff.
AT NO CHARGE TO YOU: If you are a class member, you may be entitled to compensation without payment of disbursements or fees. There is no cost or obligation to participate.
WHY LEVI AND KORSINSKY: Over the past 20 years, the Levi & Korsinsky team has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise in representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven consecutive years, Levi & Korsinsky has been ranked in the ISS Securities Class Action Services Top 50 report as one of the top securities litigation firms in United States.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
See original content to download multimedia: https://www.prnewswire.com/news-releases/wm-lawsuit-alert-levi–korsinsky-notifies-waste-management-inc-investors-of-a-class- action-suit-and-deadline-coming-upcoming-301573401.html
SOURCE Levi & Korsinsky, LLP