Metro Waste LLC announced that it has filed a complaint in the Third Judicial District Court in Salt Lake County, Utah against a group of former employees, alleging that millions of dollars were illegally diverted from the company over a number of years. Plaintiffs Metro Waste and affiliated entities are pursuing in excess of $3.5 million in direct damages resulting from the alleged losses and at least $5 million in punitive damages. The plaintiffs allege that the defendants engaged in a scheme to systematically divert materials from Metro Waste's recycling plant and sell them for personal gain.
Metro Waste, founded in 1999, collects waste from commercial waste canisters and construction sites, removes recyclables and deposit the remaining waste in the company's proprietary landfill located west of Salt Lake City.
"We are very disappointed with what has come to light, and we are fully committed to protecting the interests of those who may have been damaged," said Tim Layton, a director of Metro Waste. "This complaint is an earnest effort to right a serious wrong and to restore to Metro Waste and its shareholders that which was lost."