HOUSTON, Oct. 1, 2015 /PRNewswire/ -- JCP Investment
Management, LLC (together with its affiliates, "JCP"), and the
other participants in its solicitation, collectively beneficially
own approximately 5.8% of the outstanding Class A shares of Casella
Waste Systems, Inc. ("Casella" or the "Company") (NASDAQ: CWST).
Today, JCP launched a website, www.FixCasella.com, dedicated to the
election of its two highly-qualified candidates, Brett W. Frazier and James C. Pappas, to Casella's Board of Directors
(the "Board") at the Company's upcoming 2015 Annual Meeting.
JCP has filed a definitive proxy statement and an accompanying
GOLD proxy card with the Securities and Exchange Commission
in order to give shareholders an opportunity to replace the
Company's Chairman and CEO John
Casella, who has overseen over a decade of negative
shareholder return, and his fellow director William Hulligan, with direct shareholder
representatives who will represent the best interests of all
shareholders. As further explained in JCP's proxy materials, which
are available at www.FixCasella.com, shareholders deserve an
alternative to the poor operating performance under Mr. Casella's
leadership, the deeply concerning related party transactions and
the lack of accountability of both the Board and CEO at Casella.
The time for change is now – JCP urges all shareholders to vote the
GOLD proxy card today.
JCP is being advised in connection with the proxy contest by
Olshan Frome Wolosky LLP. InvestorCom, Inc. is serving as JCP's
proxy solicitor.
About JCP Investment Management:
JCP Investment Management, LLC is an investment firm
headquartered in Houston, TX that
engages in value-based investing across the capital
structure. JCP follows an opportunistic approach to investing
across different equity, credit and distressed securities largely
in North America.
Investor Contact:
John Glenn Grau
InvestorCom, Inc.
(203) 972-9300 ext. 11
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SOURCE JCP Investment Management, LLC