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GFL.US
id: 44, Created by Stan Vick, Scout
Gfl Environmental Holdings Inc
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On November 18, 2021, the Company on behalf of shareholders, who are at the same time Directors, and Management of the Company, conducted SPO where the Company did not get any proceeds while being in a chronic situation of over debt and deep negative net asset value.
Taking into account all the facts, history and financial position of the Сompany, there are reasons to suspect leaders and controlling shareholders of breaching fiduciary duties to investors.
Alleged Offence
Mismanagement,
Breach of Fiduciary duty
Suspected Party
Directors,
Management,
Shareholder
Security Type
Stocks
Trade Direction
Long
Shock Event Date
18 November 2021