JCP Investment Management, LLC along with the some other investors hold 5.4% stake in Casella Waste Systems Inc. (NasdaqGS:CWST) and are seeking to elect three directors to the Board of Directors of Casella. JCP Investment disclosed that multiple potential strategic acquirers have contacted JCP and expressed interest in Casell. JCP Investment Management urges Casella Waste Systems to consider multiple strategic alternatives.

Casella Waste Systems received a letter on May 29, 2015, from an investor group led by JCP Investment Management reiterating the group's hopes to elect three directors to the waste-management company's board and saying the investor group recently has been contacted by multiple potential strategic acquirers expressing interest in Casella. In turn, the investor group urged Casella to hire an investment bank to explore strategic alternatives while saying a new board should be charged with exploring available strategic opportunities.