[GRRN] Waste Management
RecycleWorlds (anderson@msn.fullfeed.com)
Fri, 11 Dec 1998 08:38:23 -0600
According to the 12/10/98 Wall Street Journal ("Waste Management, Andersen
Agree to Settle Holder Suits for $220 Million), Waste Management settled
claims by its investors that alleged the hauler had defrauded investors by
overstating profits during the period 1994-98 to hide the poor returns from
its diversification efforts. This became apparent after the company
restated its earnings for that period after forcing Dean Buntrock off of
the Board of Directors.
____________________________________
Peter Anderson
RecycleWorlds Consulting
4513 Vernon Blvd. Ste. 15
Madison, WI 53705-4964
Phone:(608) 231-1100/Fax: (608) 233-0011
E-mail:recycle@msn.fullfeed.com