Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

WM's $30M lawsuit over ADS deal reaches final approval stage [Yahoo! Finance]

GFL Environmental Inc. Subordinate voting shares, no par value (GFL) 
Company Research Source: Yahoo! Finance
A class action investor lawsuit involving WM's 2020 acquisition of Advanced Disposal Services is drawing to a close after a judge issued an order granting final approval of a settlement. The order, issued Dec. 18, helps finalize a preliminary settlement from August, where WM agreed to pay $30 million to resolve the lawsuit. The lawsuit alleges that WM misled investors about how long it would take to close the ADS deal and what financial risks would be involved, causing those investors to lose money on senior notes issued to help pay for the acquisition. Seafarers Officers & Employees Pension Plan, Seafarers Money Purchase Pension Plan and United Industrial Workers Pension Plan brought the case against WM and several company executives, including CEO Jim Fish. WM has denied wrongdoing, and said in a statement that the “settlement will not impact WM's financial or operational abilities” and will be covered by insurance. The final steps of the class action lawsuit will wind down a Show less Read more
Impact Snapshot
Event Time:
GFL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for GFL alerts
Opt-in for
GFL alerts

from News Quantified
Opt-in for
GFL alerts

from News Quantified