NEW YORK, July 29, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Waste Management, Inc. (NYSE: WM) redeemable senior notes (the “Notes”) between February 13, 2020 and June 23, 2020 inclusive (the “Class Period”), including the following senior callable bonds issued by WM in May 2019: (i) 2.95% senior bonds due 2024; (ii) 3.20% Senior Notes due 2026; (iii) 3.45% senior bonds due 2029; and (iv) 4.00% Senior Notes due 2039, of the significant Deadline of August 8, 2022 for the main applicant.
SO WHAT: If you purchased Waste Management Tickets during the Class Period, you may be entitled to compensation without payment of fees or out-of-pocket costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Waste Management class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=6891 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for class action information. A class action lawsuit has already been filed. If you wish to act as lead plaintiff, you must move the Court no later than August 8, 2022. A lead plaintiff is a representative party acting on behalf of other class members to direct litigation.
WHY THE ROSEN LAW: We encourage investors to select qualified attorneys with proven track records in leadership roles. Often, companies issuing reviews do not have comparable experience, resources, or significant peer recognition. Many of these firms do not actually handle securities class action lawsuits, but are merely middlemen who refer clients or partner with law firms that actually litigate the cases. Be wise in choosing lawyers. Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder derivative litigation. Rosen Law Firm has reached the largest securities class action settlement against a Chinese company. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has ranked in the top 4 every year since 2013 and has recovered hundreds of million dollars for investors. In 2019 alone, the company secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: The Complaint filed in this Class Action alleges that throughout the Class Period, the Defendants made materially false and/or misleading statements, and failed to disclose material adverse facts regarding the business, operations and societal prospects. Specifically, the defendants failed to disclose to investors that: (1) the U.S. Department of Justice advised Waste Management that it would require Waste Management to divest substantially more assets than the $200 million antitrust revenue threshold dollars; (2) as a result, the Merger would not be consummated on the Completion Date; and (3) the Notes would be subject to a mandatory redemption at 101% of par. When the real details entered the market, the lawsuit claims investors suffered damages.
To join the Waste Management class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=6891 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for class action information.
No class has been certified. Until a class is certified, you are not represented by an attorney unless you retain one. You can choose the lawyer of your choice. You can also remain an absent party member and do nothing at this point. An investor’s ability to participate in any potential future recovery does not depend on their status as lead plaintiff.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827