Advanced Disposal Services, Inc.
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ADVANCED DISPOSAL MERGER CLASS ACTION: HALPER SADEH LLP ANNOUNCES SHAREHOLDER CLASS ACTION AGAINST ADVANCED DISPOSAL SERVICES, INC. CONCERNING ITS PROPOSED MERGER WITH WASTE MANAGEMENT, INC. – ADSW
June 5, 2019.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, announces a shareholder class action against Advanced Disposal Services, Inc. (“Advanced Disposal” or the “Company”) (NYSE: ADSW) in connection with the proposed sale of Advanced Disposal to Waste Management, Inc. (“Waste Management”).
The lawsuit alleges that Defendants issued a materially misleading proxy statement recommending that Advanced Disposal shareholders vote in favor of the proposed transaction. According to the complaint, the proxy statement contains materially incomplete and/or misleading information concerning Advanced Disposal’s financial projections and the financial analyses performed by Advanced Disposal’s financial advisor. As a result, Advanced Disposal shareholders must be provided with this information in order to adequately assess and value the merger consideration. The lawsuit seeks to enjoin the shareholder vote on the proposed transaction until such information is disclosed.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Certification and Authorization of Plaintiff Pursuant to Federal Securities Laws