Waste Management founder, former top officers settled SEC fraud charges for nearly $31M

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South Florida Business Journal
First published Aug. 29, 2005
By John T. Fakler

The Securities and Exchange Commission said Friday [August 26th] final judgments of $30.86 million [we]re entered against the founder of Waste Management and three former top officers.

Dean L. Buntrock, Philip B. Rooney, Thomas C. Hau and Herbert A. Getz are the settling defendants. They consented to the judgments without admitting or denying the allegations in the agency's complaint filed in U.S. District Court for the Northern District of Illinois.

The complaint charged the former officers with perpetuating a massive financial fraud lasting more than five years. . . . Read more