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1
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CLASS ACTION COMPLAINT
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EXTRACTED KEY WORDS
PLAINTIFF MEMBERS COMMON COMMON STOCK MERGER REVENUES WASTE MANAGEMENT SHAREHOLDERS TRANSACTION PUBLIC SHAREHOLDERS MERGER AGREEMENT LAW PRICE RELIEF DAMAGES MARKET ADEQUATE RESTATED BASIS OPERATING INCOME ASSETS INADEQUATE COURT PRIOR EXECUTIVE OFFICES STOCKHOLDERS OBLIGATIONS ALLEGATIONS EXCESS AFFECTING |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE I
IN AND FOR NEW CASTLE COUNTY
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--------------------------------------------x:
MARSHALL GREENFIELD, .A
: ' .I
: ?
. -
Plaintiff, : i *'
: -.
- v. - :: Civil Actign Nox-
LOUIS D. PAOLINO, JR., GEOKGE 0. ..'
: L.. . i- .,?
MOOREHEAD, KENNETH CHAUN-KAI LEUNG,and : CLASS ACTION COMPLAINT
EASTERN ENVIRONMENTAL SERVICES, INC. ::
Defendants. :
--------------------------.--------------x
Plaintiff alleges upon information and belief, except for
paragraph 2 hereof, which is alleged upon knowledge as follows:
1. Plaintiff brings this action pursuant to Rule 23 of
the Rules of the Court of Chancery on his own behalf and as a class
action on behalf of all persons, other than defendants and those in
privity with them, who own the common stock of Eastern
Environmental Services, Inc. ("Eastern Environmental" or the
"Company").
2. Plaintiff has been the owner of common stock of the
Company since prior to the transaction herein complained of and
continuously to date.
3. Defendant Eastern Environmental is a corporation
duly organized and existing under the laws of the State of Delaware
and maintains its principal executive offices at 1000 Crawford
Place, Mount Laurel, New Jersey. The Company is a fully integrated
non-hazardous solid waste management company specializing in the
collection, transportation and disposal of residential, industrial,
commercial and special waste, principally in the Eastern United
States.
4. Defendant Louis D. Paolino, Jr. is Chairman of the
Board, Chief Executive Officer and President of Eastern
Environmental.
5. Defendant George 0. Moorehead is a Director of
Eastern Environmental.
6. Defendant Kenneth Chun-Kai Leung is a Director of
the Company.
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