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Stock impact report

Many Fort Collins residents are paying for a trash service they have never used [CBS News]

Republic Services, Inc. (RSG) 
Last republic services, inc. earnings: 2/13 04:06 pm Check Earnings Report
US:NYSE Investor Relations: republicservices.com/investors
Company Research Source: CBS News
Thanks to a new contract between the city of Fort Collins and Republic Services, a trash collection company, residents in Fort Collins will be required to give the company money even if they do not use its services. Although the contract has been in the works for several years now, the contract is just now starting to result in residents being billed. Scott Solfermoser, a resident in Fort Collins since the early 1960s, was one of many residents who recently found a bill in their mailbox from a company they had never heard of. When he opened the letter from Republic Services, he found a bill for more than $33. When he read the fine print, he saw he was being charged an "opt-out fee." That left him puzzled, as he never opted in to any contract either. So Solfermoser called the company and learned he was being charged for not signing up to use Republic Services as his trash collector. He also called the city, and it told him he legally had to pay the bill as part of a contract the Show less Read more
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