JCP Investment Management Launches Website Dedicated to Election of Its Two Nominees at Casella's Annual Meeting
Urges Shareholders to vote the GOLD Proxy to Elect Brett W. Frazier and James C. Pappas
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
SOURCE JCP Investment Management, LLC
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