{"id":405228,"date":"2020-12-23T12:04:46","date_gmt":"2020-12-23T17:04:46","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=405228"},"modified":"2020-12-23T12:04:46","modified_gmt":"2020-12-23T17:04:46","slug":"rosen-respected-investor-counsel-continues-its-investigation-of-securities-claims-against-gfl-environmental-inc-gfl-gflu","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-continues-its-investigation-of-securities-claims-against-gfl-environmental-inc-gfl-gflu\/","title":{"rendered":"ROSEN, RESPECTED INVESTOR COUNSEL, Continues Its Investigation of Securities Claims Against GFL Environmental Inc.\u2013 GFL, GFLU"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">NEW YORK, Dec.  23, 2020  (GLOBE NEWSWIRE) &#8212; Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of GFL Environmental Inc. (NYSE: GFL, GFLU) resulting from allegations that GFL may have issued materially misleading business information to the investing public.<\/p>\n<p align=\"justify\">On August 18, 2020, a report published by Spruce Point Management revealed evidence of a number of suspicious business practices. The Spruce Point report revealed that there was \u201cevidence that through his real estate holding company PJD Properties, [CEO Patrick Dovigi] leases office space to GFL,\u201d which was \u201cnot properly disclosed to investors.\u201d The report further alleges evidence of aggressive accounting techniques, including \u201crestat[ing] both revenue and EBITDA, without explanation, by pulling from \u201cintercompany revenues\u201d which is indicative of financial issues being minimized by the Company. Furthermore, the report revealed that two \u201cindependent\u201d directors were actually hiding the fact that they were being paid by BC Partners, GFL\u2019s largest control shareholder.<\/p>\n<p align=\"justify\">On this news, the price of GFL shares fell $2.82 per share, or 13%, over the rest of the trading day and the next full trading day, to close at $18.41 per share on August 19, 2020.<\/p>\n<p align=\"justify\">Rosen Law Firm is preparing a securities lawsuit on behalf of GFL shareholders. If you purchased securities of GFL please visit the firm\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Yc97ySnzNubEq5JpFEFxr3hYUhMbksbQ1S_IaOFXPn8PKeyG-dI6E9Yu7vvub-c4HC45FfVNX6ElKPdujZnC2LQk1jJY_dc4pkIBfqCv9AigDi1jOi6EUGLCPNnMuhLCDOf1Lfgqo5oxlJjWaEzKTA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/www.rosenlegal.com\/cases-regis<\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ms4Ahi_HeJ_0apdn8I0BnvmERFXyjmAyjfnM1S7WQwUpIAgZh9aYLMGm1QdcqCDy0b-yWAA1NHx6m59URJN1FZ7CMdG_GRWd0jHEfyM33Bk=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">t<\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=J2xY61FxneOtQgfpSdLxYukB6SNCjrRtVxwUFrgC1Rrusmdb2m-ICui1GCG0a7f0QLSBY-JkpmchEj3E_fAAngp37XpWvqssCa9QEuBOl7jXA-QLmd_YNHIRJeXn_oQ8\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">er-1930.html<\/a> to join the securities action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dAmKRSH9l5RuVXhPBE_0hHG9GSWknT5rhleUvKf2EDiGAGDWDLUgBefgkQkJwQxRL_dlic2_TtIY71W5nw11F-Eoj2MCUwt1BTYa9JRIeo4=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">pkim@rosenlegal.com<\/a> or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=OcDf9S09wF6rjWpkbBEceOvIVs6XR5Y9FwVgnBA3ggqWq3v18EzKPV-36ZxPRDJLFx0XTAjYl33mu-4tgj7tiYI0qeEWTP73EjgajH6W6ZI=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">cases@rosenlegal.com<\/a>.<\/p>\n<p align=\"justify\">Follow us for updates on LinkedIn: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=vY6GdnvVC5CDj44EZbUuAKIry_1vdaB8OLTyvz35wgMu1olOxpIU2TFPT8teyPdzW9TX38yrlE5IRPi74ACp6wcqIvcZbzOzrJjMwgSz1FgtOBnEzdhtjXjeu7X8J2ILYkfwdhdRKtAGc5bUJ53eMUdd68GFfHdNfj9rdTCf1_s=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a> or on Twitter: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=vY6GdnvVC5CDj44EZbUuAJF1xhbAopieAg_a-4r2u3FezVuD47CEz9xM2WcXVofz_RQssUoH1cCsPxydiZGmmW6cSFfK10fONmm5PQWDf_05oIbeyw8gRB3jCtzjMpEQ\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=vY6GdnvVC5CDj44EZbUuAMMNBGaauLVGwmD7aMU8Uzxen8J6HeLXiLGYHl13b_FZoQL6kbjGQB3-kN7OUNHLuks2UYXCqVgWOUR811ATeBmfkf1xzptqx7ICx9U-ANkF\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.facebook.com\/rosenlawfirm<\/a>.<\/p>\n<p align=\"justify\">Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm\u2019s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.<\/p>\n<p align=\"justify\">Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n<p align=\"justify\">&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p>Contact Information:<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Laurence Rosen, Esq.<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Phillip Kim, Esq.<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0The Rosen Law Firm, P.A.<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0275 Madison Avenue, 40<sup>th<\/sup> Floor<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0New York, NY 10016<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Tel: (212) 686-1060<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Toll Free: (866) 767-3653<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Fax: (212) 202-3827<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=S-_XtDY27Nv2MAn2fjBiQ9YSGVIum0Z1rtJ7N62hnhKZmfINxspaGQZrBUH-6eHxHK16IodJDBw51xmR5BEA6xO5UGfo6suhVgN29mjdrFI=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">lrosen@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dAmKRSH9l5RuVXhPBE_0hIKl7HBFCaWNKloMtt2cIjJfLIPJ3mPbpD5EV3G_c0Tfk-lOAC9_nlsgibU3yL4UPf8LIFvNKMOh_2fMAmZyqH0=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">pkim@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=OcDf9S09wF6rjWpkbBEceAChYAyu-x0mWEHS_iOs-xqbdw_YND57zGjnNNrn2MvGHCC2oqmX9b_RsMTlRQZt82z3YPJr5cnJzO6-FftE5Bg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">cases@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=TYmS2AFHXGFIWTSBz4z2DQtFCCQ2alXegSmtifRgD6bak0j07lJDtS7LTv4RBsjqyaXoPG34X2RS9vRA9iifSjB-6-EHSx-kb3uK0-Vm8vg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.rosenlegal.com<\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNzE2OCMzODk1MDM0IzIwMjA0MTE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/7a3acb3b-8097-4184-860f-16fa46cb5199\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Dec. 23, 2020 (GLOBE NEWSWIRE) &#8212; Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of GFL Environmental Inc. (NYSE: GFL, GFLU) resulting from allegations that GFL may have issued materially misleading business information to the investing public. On August 18, 2020, a report published by Spruce Point Management revealed evidence of a number of suspicious business practices. The Spruce Point report revealed that there was \u201cevidence that through his real estate holding company PJD Properties, [CEO Patrick Dovigi] leases office space to GFL,\u201d which was \u201cnot properly disclosed to investors.\u201d The report further alleges evidence of aggressive accounting techniques, including \u201crestat[ing] both revenue and EBITDA, without &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-continues-its-investigation-of-securities-claims-against-gfl-environmental-inc-gfl-gflu\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ROSEN, RESPECTED INVESTOR COUNSEL, Continues Its Investigation of Securities Claims Against GFL Environmental Inc.\u2013 GFL, GFLU&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-405228","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ROSEN, RESPECTED INVESTOR COUNSEL, Continues Its Investigation of Securities Claims Against GFL Environmental Inc.\u2013 GFL, GFLU - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-continues-its-investigation-of-securities-claims-against-gfl-environmental-inc-gfl-gflu\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ROSEN, RESPECTED INVESTOR COUNSEL, Continues Its Investigation of Securities Claims Against GFL Environmental Inc.\u2013 GFL, GFLU - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Dec. 23, 2020 (GLOBE NEWSWIRE) &#8212; Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of GFL Environmental Inc. (NYSE: GFL, GFLU) resulting from allegations that GFL may have issued materially misleading business information to the investing public. On August 18, 2020, a report published by Spruce Point Management revealed evidence of a number of suspicious business practices. The Spruce Point report revealed that there was \u201cevidence that through his real estate holding company PJD Properties, [CEO Patrick Dovigi] leases office space to GFL,\u201d which was \u201cnot properly disclosed to investors.\u201d The report further alleges evidence of aggressive accounting techniques, including \u201crestat[ing] both revenue and EBITDA, without &hellip; Continue reading &quot;ROSEN, RESPECTED INVESTOR COUNSEL, Continues Its Investigation of Securities Claims Against GFL Environmental Inc.\u2013 GFL, GFLU&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-continues-its-investigation-of-securities-claims-against-gfl-environmental-inc-gfl-gflu\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-23T17:04:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNzE2OCMzODk1MDM0IzIwMjA0MTE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-respected-investor-counsel-continues-its-investigation-of-securities-claims-against-gfl-environmental-inc-gfl-gflu\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-respected-investor-counsel-continues-its-investigation-of-securities-claims-against-gfl-environmental-inc-gfl-gflu\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ROSEN, RESPECTED INVESTOR COUNSEL, Continues Its Investigation of Securities Claims Against GFL Environmental Inc.\u2013 GFL, GFLU\",\"datePublished\":\"2020-12-23T17:04:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-respected-investor-counsel-continues-its-investigation-of-securities-claims-against-gfl-environmental-inc-gfl-gflu\\\/\"},\"wordCount\":445,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-respected-investor-counsel-continues-its-investigation-of-securities-claims-against-gfl-environmental-inc-gfl-gflu\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExNzE2OCMzODk1MDM0IzIwMjA0MTE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-respected-investor-counsel-continues-its-investigation-of-securities-claims-against-gfl-environmental-inc-gfl-gflu\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-respected-investor-counsel-continues-its-investigation-of-securities-claims-against-gfl-environmental-inc-gfl-gflu\\\/\",\"name\":\"ROSEN, RESPECTED INVESTOR COUNSEL, Continues Its Investigation of Securities Claims Against GFL Environmental Inc.\u2013 GFL, GFLU - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-continues-its-investigation-of-securities-claims-against-gfl-environmental-inc-gfl-gflu\/","og_locale":"en_US","og_type":"article","og_title":"ROSEN, RESPECTED INVESTOR COUNSEL, Continues Its Investigation of Securities Claims Against GFL Environmental Inc.\u2013 GFL, GFLU - Market Newsdesk","og_description":"NEW YORK, Dec. 23, 2020 (GLOBE NEWSWIRE) &#8212; Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of GFL Environmental Inc. (NYSE: GFL, GFLU) resulting from allegations that GFL may have issued materially misleading business information to the investing public. On August 18, 2020, a report published by Spruce Point Management revealed evidence of a number of suspicious business practices. The Spruce Point report revealed that there was \u201cevidence that through his real estate holding company PJD Properties, [CEO Patrick Dovigi] leases office space to GFL,\u201d which was \u201cnot properly disclosed to investors.\u201d The report further alleges evidence of aggressive accounting techniques, including \u201crestat[ing] both revenue and EBITDA, without &hellip; Continue reading \"ROSEN, RESPECTED INVESTOR COUNSEL, Continues Its Investigation of Securities Claims Against GFL Environmental Inc.\u2013 GFL, GFLU\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-continues-its-investigation-of-securities-claims-against-gfl-environmental-inc-gfl-gflu\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-23T17:04:46+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNzE2OCMzODk1MDM0IzIwMjA0MTE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-continues-its-investigation-of-securities-claims-against-gfl-environmental-inc-gfl-gflu\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-continues-its-investigation-of-securities-claims-against-gfl-environmental-inc-gfl-gflu\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ROSEN, RESPECTED INVESTOR COUNSEL, Continues Its Investigation of Securities Claims Against GFL Environmental Inc.\u2013 GFL, GFLU","datePublished":"2020-12-23T17:04:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-continues-its-investigation-of-securities-claims-against-gfl-environmental-inc-gfl-gflu\/"},"wordCount":445,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-continues-its-investigation-of-securities-claims-against-gfl-environmental-inc-gfl-gflu\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNzE2OCMzODk1MDM0IzIwMjA0MTE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-continues-its-investigation-of-securities-claims-against-gfl-environmental-inc-gfl-gflu\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-continues-its-investigation-of-securities-claims-against-gfl-environmental-inc-gfl-gflu\/","name":"ROSEN, RESPECTED INVESTOR COUNSEL, Continues Its Investigation of Securities Claims Against GFL Environmental Inc.\u2013 GFL, GFLU - 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