Coco family sues GFL over unreleased $40-million payment after purchase of their paving company

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GFL Environmental says the payment is being withheld because of ‘an inquiry by a government agency into alleged actions of Coco Paving’

Jenny and Rock-Anthony Coco, the siblings who ran Ontario-based Coco Paving Inc., are suing GFL Environmental Inc. and a sister company for refusing to pay $40-million they allege is owed after they sold their family paving business to the waste management giant.

GFL also told the Cocos that it would not release the $40-million because of “an inquiry by a government agency into alleged actions of Coco Paving,” according to the lawsuit. No details of the alleged inquiry were provided.

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