Securities Fraud Lawyer - Waste Management Litigation

Shapiro Haber & Urmy LLP, led by partner Edward Haber, represented a class of persons who had sold businesses to Waste Management, Inc. for common stock of Waste Management. The case arose from Waste Management's restatement of its financial statements. Shapiro Haber & Urmy LLP obtained summary judgment against Waste Management as to liability for a majority of the class members. Shapiro Haber & Urmy LLP also successfully defended defendant's appeal of the class certification order, Mowbray v. Waste Management Holdings, Inc., 208 F.3d 288 (2000). The case was subsequently settled for a combination of cash and stock with a total value of $25 million.