Friday, March 29, 2002

Waste Management denies charges: Accountant Arthur Andersen had hand in scheme, SEC says


WASHINGTON, March 27— The founder and former head of Waste Management Inc. denies government allegations that he and five former top executives of the giant trash hauler duped stockholders for years. Waste Management executives also denied that the company’s auditor, embattled Arthur Andersen LLP, helped cover up the company’s improper accounting practices.

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