WM Class Action Complaint File

SAN DIEGO, June 09, 2022 (GLOBE NEWSWIRE) — Law firm specializing in shareholder rights Johnson Fistel, LLP announces that a class action lawsuit has been commenced on behalf of purchasers of redeemable senior notes of Waste Management, Inc. (:WM). The Notes include the following redeemable senior notes issued by WM in May 2019: (i) 2.95% senior notes due 2024; (ii) 3.20% Senior Notes due 2026; (iii) 3.45% senior bonds due 2029; and (iv) 4.00% Senior Notes due 2039. The class action is on behalf of shareholders who purchased securities of Waste Management between February 13, 2020 and June 23, 2020, both dates inclusive ( the “Class Period”), both dates inclusive (the “Course Period”). Investors are hereby notified that they have until August 8, 2022 to apply to the court to serve as lead plaintiff in this action.

What actions can I take at this time? If you have suffered a loss and would like to know more about the role of lead plaintiff, please contact Jim Baker ([email protected]) by email or by phone at 619-814-4471. If emailing, please include a phone number.

To join this action, you can click or copy and paste the link below into a browser:

https://www.johnsonfistel.com/investigations/waste-management-senior-notes-class-action-doj

There is no cost or obligation for you.

The Waste Management Class Action alleges that, throughout the Class Period, the Defendants made false and/or misleading statements and/or failed to disclose that: (i) the DOJ advised Waste Management that would require Waste Management to divest itself of significantly more assets than the $200 million antitrust revenue threshold; (ii) as a result, the Merger would not be completed on the Completion Date; and (iii) the Notes would be subject to a mandatory redemption at 101% of par.

A lead plaintiff will act on behalf of all other class members to lead the Waste Management class action. The lead plaintiff may select a law firm of their choice to litigate the class action. An investor’s ability to share in any potential future recovery from the Waste Management class action does not depend on its status as lead plaintiff. For more information on the lead applicant process, please see https://www.johnsonfistel.com/lead-plaintiff-deadlines.

About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivatives and securities class actions. Johnson Fistel is seeking to recover losses incurred due to violations of federal securities laws. For more information about the firm and its lawyers, visit http://www.johnsonfistel.com. Lawyer advertisement. Past results do not guarantee future results.

Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
Investor Relations

[email protected]

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