The banks lawsuit essentially claims that CoreCivic officials made numerous statements about how well the company was fulfilling its contracts with the federal government and how happy their clients were with CoreCivics performance when, in fact, the companys facilities were receiving poor marks on audits and its executives were exchanging emails about how bad the situation was and how the contracts were in danger. Below these are specific cases. Corrections Corporation of America, a nationwide class action lawsuit, seeking to enjoin, declare illegal, and recoup damages resulting from conspiracies between CCA and various telephone companies, including Evercom, Inc., MCI-Worldcom, Pioneer Telephone Corporation, AT&T, and Global Telecommunications Link, Inc. CCA operates 82 prisons and In order to be appointed as a lead plaintiff, the Court must determine that the class member?s claim is typical of the claims of other class members, and that the class member will adequately represent the class in the action. If so, this lawsuit will affect your legal rights. Wedbush Upgrades CoreCivic to Outperform From Neutral, Adds Stock to Best Ideas List, A.. The class action investors who filed the suit are primarily hedge funds, union pension funds and other institutional investors looking to turn a buck on mass incarceration. (the "Stipulation") dated June 24, 2021, which can be found and downloaded by clicking on the Case Documents tab above. If Kessler Topaz, in its sole discretion, believes that CCR filed a petition for rulemaking with the FCC. PLN managing editor Alex Friedmann, who owns a small amount of CoreCivic stock as an activist investor, mainly for the purpose of filing shareholder resolutions, has filed a separate derivative suit against CoreCivic that was stayed pending developments in the Grae case, which remains pending. Read more here: Camp Lejeune Lawsuit Claims. In reaching this conclusion, U.S. District Court Judge Aleta A. Trauger quoted emails in which CoreCivic executives expressed concerns about the pending report, then surprise and pleasure that it did not dwell on some of the more serious deficiencies at private prisons such as continuous understaffing and was directed more at problems with the BOPs oversight role. Please download the PDF to view it: Download PDF. Kessler Topaz Meltzer & Check prosecutes class actions in state and federal courts throughout the country. This was also true for its rehabilitative services in comparison with those provided by the BOP. Your rights may be affected by the Settlement if you purchased or otherwise acquired Corrections Corporation of America, Inc. (CCA or the Company) (n/k/a CoreCivic) during the period from February 27, 2012 through and including August 17, 2016 (the Class Period). You will still be a Member of the Class. Goldberg Law PC announces that a class action lawsuit has been filed against Corrections Corporation of America .. | February 6, 2023. RADNOR, PA / ACCESSWIRE / August 29, 2016 / The law firm of Kessler Topaz Meltzer & Check, LLP alerts Corrections Corporation of America shareholders that a class action lawsuit has been filed. The complaint in this action was not filed by Kessler Topaz Meltzer & Check. Please read this entire Notice carefully. All rights reserved. 3:16-cv-02267, was filed in the District Court. A securities class action lawsuit was recently filed against the private prison giant Corrections Corporation of America, alleging that the company made false or misleading statements, and failed to disclose certain information that would have otherwise been important for investors to know. CoreCivic, Inc. Reports Impairment of Real Estate Assets for the Fourth Quarter Ended D.. CoreCivic, Inc. For more information, visit Battea's Corrections . On August 22, 2001 District Judge Gladys Kessler acknowledged the civil rights concerns, but referred the case to the Federal Communications Commission, under the doctrine of primary jurisdiction. Corrado Rizzi is the Senior Managing Editor of ClassAction.org. What Is This Lawsuit About? RADNOR, Pa., Aug. 24, 2016 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP announces that a shareholder class action lawsuit has been filed against Corrections. Ordering the federal officials to not renew private prison contracts was one of the first acts President Biden made upon taking office. Lawsuit Filed, Settlement Proposed, Settlement Approved. Amalgamated Bank, as Trustee for the LongView Collective Investment Fund, sought to represent a class of investors who bought and sold CoreCivic stock between February 27, 2012 and August 17, 2016, including at least 783 major institutions and numerous minor institutions and private parties who owned the companys stock during that period. For more information about Kessler Topaz Meltzer & Check, or for additional information about participating in this action, please visit www.ktmc.com. submit will be maintained as confidential. The complaint alleges that the Company made false and/or misleading statements and/or failed to disclose: (a) that Corrections . As more fully described in the Notice of Proposed Settlement of Class Action(the "Notice"), the initial complaint in this action was filed on August 23, 2016. Defendants contend that they did not engage in a scheme to defraud, did not make any false or misleading statements, disclosed all information required to be disclosed by the federal securities laws, that the prices of the Companys securities were not artificially inflated, and that no damage to the Companys stock price resulted from Defendants alleged wrongdoing. CCA shareholders may, no later than October 24, 2016, petition the Court to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check or other counsel, or may choose to do nothing and remain an absent class member. Case No. Class Member. Following this news, shares of the Company's stock declined $9.65 per share, or over 35%, to close on August 18, 2016 at $17.57 per share, on unusually heavy trading volume. Bell, Esq.280 King of Prussia RoadRadnor, PA 19087(888) 299 - 7706(610) 667 - 7706info@ktmc.com, To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-class-action-filed-against-corrections-corporation-of-america--cxw-300317822.html, SOURCE Kessler Topaz Meltzer & Check, LLP. Kessler Topaz Meltzer & Check, LLP | November 22, 2022 Donations: 212-614-6448 Martha Wright v. Corrections Corporation of America is a civil rights case which challenged the monopolies that phone companies and the Corrections Corporation of America (CCA) maintain in the prison systems of the United States. Levi & Korsinsky announces the commencement of a class action lawsuit in the USDC for the Middle District of Tennessee on behalf of shareholders of Corrections Corporation of America (NYSE: CXW) who purchased shares between February 27, 2012 and August 17, 2016.. The submission of this form does not create an attorney-client relationship, nor an obligation on The petition sought restructuring of long distance inmate calling services to introduce competition. Goldberg Law PC announces that a class action lawsuit has been filed against Corrections Corporation of America .. | February 6, 2023 . In February of 2000 CCR filed Wright v. Corrections Corporation of America, a nationwide class action lawsuit, seeking to enjoin, declare illegal, and recoup damages resulting from conspiracies between CCA and various telephone companies, including Evercom, Inc., MCI-Worldcom, Pioneer Telephone Corporation, AT&T, and Global Telecommunications Link, Inc. CCA operates 82 prisons and jails in 26 states pursuant to agreements with state and local governments under which persons under the jurisdiction and control of those governments are transferred to CCA facilities for incarceration. Other reports continued the theme of high standards that governed the operation of CCAs federal facilities. It also provides e-carceration technologies, transportation, and other services as part of the criminal punishment system. Get no payment. CORRECTIONS CORPORATION OF AMERICA, et al., Defendants. ) The only way to be eligible to receive a payment from the Settlement. They also alleged that the agreements violate the Sherman Anti-Trust Act, 15 U.S.C. Amalgamated alleged it alone lost $1.2 million when CoreCivics stock price fell sharply after an August 18, 2016 memorandum by then-Deputy U.S. Attorney General Sally Q. Yates directed the federal Bureau of Prisons (BOP) to phase out private prison contracts a directive later reversed by the Trump administration. Therefore, class-action status was granted. Check, Esq., D. Seamus Kaskela, Esq. RADNOR, PA / ACCESSWIRE / August 29, 2016 / The law firm of Kessler Topaz Meltzer & Check, LLP alerts Corrections Corporation of America (NYSE: CXW) ("CCA" or the "Company") shareholders that a class action lawsuit has been filed in the Middle District of Tennessee on behalf of purchasers of the Company's securities between February CoreCivic, Inc., formerly Corrections Corporation of America, is the defendant proposed class action filed over alleged human trafficking and labor law violations. TN, Case No. Since then, Correction Corporation has been trading at less than $20 more or less the entire time, and the most recent price available for the stock was just $15.40 per share. [T]ime has shown the [private prisons] compare poorly to our own Bureau facilities. Shareholders who wish to discuss this action and their legal options are encouraged to contact Kessler Topaz Meltzer & Check, LLP (Darren J. Families, South Carolina Fails to Evacuate Prisoners Threatened by Hurricane, New York Sheriff Loses Lawsuit, Must Report Serious Prisoner Incidents to State Agency, South Carolina: Two Women Drown in Sheriffs Transport Van, Deputies Charged, New Mexico Riot Raises Questions About Private Prison Companys Competence, New Indianapolis Jail Will Not be Run by a Private Prison Company, but is Being Built on Contaminated Land, GEO Group Produces Litigation Documents After HRDC Files Public Records Suit, Imagine Pleading Guilty Because You Cant Afford to Call Your Lawyer, Canada: Long-Term Segregation of Mentally Ill Prisoners Unconstitutional; $20 Million in Damages, Federal Court Rules in Favor of HRDC in Virginia Jail Censorship Suit, Settlement Reached in Suit Over Failure to Keep Released L.A. County Prisoners from Becoming Homeless, I Had Nothing: How Parole Perpetuates a Cycle of Incarceration and Instability, Sixth Circuit Rules Suit May Proceed Where State Judge Offered Reduced Sentences for Sterilization, The Second Step: Invest in Prison Education Programs, Reinstate Pell Grants, Virginia Supreme Court Upholds Derivative Sovereign Immunity for Jail Physician, Fifth Circuit: No Qualified Immunity for Mississippi Sheriffs in Suit Over Mentally Ill Mans Years-long Unlawful Detention, Federal Judge Refuses to Shorten Corruption Sentence for Former Head of New York City Jail Guards Union, Fifth Circuit Denies Qualified Immunity to Mississippi Cops Who Let Injured Hemophiliac Bleed Out in Jail, Sixth Circuit: Unarmed Bank Robber Who Ordered Tellers to Get on the Floor Not Subject to Enhancement for Physical Restraint, Music Stops in Fifth Circuits Qualified Immunity Dance, Leaving Plaintiffs With Shortened Discovery Period, Fifth Circuit Holds PLRAs Three-Strikes Provision Does Not Apply to Actions Removed From State Court, Plainly Grossly Inadequate: Federal Court Finds Arizona Prison Healthcare Deliberately Indifferent to Prisoners Risk of Serious Harm, Eighth Circuit Says Judge Dismissing Claim of Federal Prisoner in Arkansas Was Premature in Counting It a PLRA Strike, After Federal Judge Censors Lawyers Tweets About CoreCivic, Company Settles Suit Over Tennessee Prisoners Murder by Cellmate, Class Certified in Orange Crush Shakedown Lawsuit by Illinois Prisoners, ICE Ignores Inspector Generals Call for Immediate Removal of Migrant Detainees from CoreCivic New Mexico Detention Facility, CoreCivic Workers Unionize and Go On Strike at Arizona Prison, Arizona Closing Prison, Moving Prisoners to CoreCivic Lockup, GED Cheating Scheme Uncovered at Montana CoreCivic Prison, Class of Juvenile Prisoners Certified in Suit Against Florida DOC, Federal Judge Allows Wiretapping Case to Proceed Against CoreCivic for Recording Attorney-Client Conversations at Nevada Prison, $405,000 Paid to Prisoner Disabled and Left Untreated at LaSalle-Managed Louisiana Jails, U.S.D.C. Investors who purchased CCA securities during the Class Period may seek to be appointed by the Court as a lead plaintiff representative of the class. Get class action lawsuit news sent to your inbox - sign up for ClassAction.org's free weekly newsletter here. 3:16-cv-02267; 2019 U.S. Dist. Bell, Esq.) What went into DOJs decision? (888) 299-7706 -, Transcript : CoreCivic, Inc., Q4 2022 Earnings Call, Feb 09, 2023, CoreCivic's Q4 Adjusted Earnings, Revenue Decline. Delayed Nyse Corrections Corp Of America (NYSE:CXW) Investor Securities Class Action Lawsuit 08/23/2016. The suit, brought under the Fair Labor Standards Act, alleged that CCA had . KESSLER TOPAZ MELTZER & CHECK, LLP 2023 ALL RIGHTS RESERVED. Additional sources: usnews.com, tennessean.com. On August 9, 2013, the Federal Communications Commission (FCC) finally approved new rules capping prison phone rates, ten years after Martha Wright filed her petition. Ms. Wright was present for the announcement along with other family members of prisoners, advocates and other allies. LEXIS 50444. CoreCivic, Inc., formerly known as Corrections Corporation of America, is the defendant in a 36-page proposed class action lawsuit alleging the company operates its detention facilities in violation of state and federal human trafficking and labor laws. As detailed in the complaint, on August 18, 2016, Deputy Attorney General Sally Yates announced the DOJ's decision to end its use of private prisons, including those operated by CCA, after officials concluded that the facilities are both less safe and less effective at providing correctional services than those run by the federal government. Finally, this claim also takes into account the recent decision by the U.S. Department of Justice not to renew or extend its contracts with private corrections companies, which sent Corrections Corporations stock plummeting in mid-August. Lawsuits are now being filed on behalf of Elmiron patients who suffered permanent retinal injuries and seek to recover money for physical and mental anguish, medical expenses and more. Filed: May 31, 2017 3:17-cv-01112-JLS-NLS. Defendants deny each and all of Plaintiffs allegations. For additional information please visit https://www.ktmc.com/new-cases/corrections-corporation-of-america#join. D. Seamus Kaskela, Esq. Plaintiffs Consolidated Complaint for Violation of the Federal Securities Laws (the Complaint), filed on March 13, 2017, alleges that Defendants violated 10(b) and 20(a) of the Securities Exchange Act of 1934. On February 28, 2019, the Settling Parties participated in a voluntary confidential mediation with Gregory Lindstrom, Esq. Seamus Kaskela, Esq.Adrienne O. Buckfire Law Wins Jail Death Trial Against Corizon Health's Employees Dec, 16 2022 Private prison company execs accused of downplaying detainee lawsuits Aug 26, 2022 Kessler Topaz Meltzer & Check, LLPDarren J. CCA entered into a series of exclusive agreements with telephone companies to provide inmate telephone service at various CCA-run prisons and jails. The day of the decision, it dropped to just $13.04. The Settling Parties engaged in good faith negotiations, but did not reach a settlement. Bell, Esq.280 King of Prussia RoadRadnor, PA 19087(888) 299 - 7706(610) 667 - 7706[emailprotected], SOURCE Kessler Topaz Meltzer & Check, LLP, Cision Distribution 888-776-0942 The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The district court found that Amalgamated had met the requirements of numerosity, commonality, typicality and adequacy of representation for class certification. 3:16-cv-02267; 2019 U.S. Dist. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Donations: 212-614-6448 Although the information on this website is intended to assist you, it does not replace the information contained in the Notice and Stipulation, both of which can be found and downloaded by clicking on the Case Documents tab above. The States that Lead the Nation in COVID-19 Cases Are Hiding Their Prison Data, Court Grants Class Certification for Illinois Prisoners in Restrictive Housing Lawsuit, Eighth Circuit Reverses Dismissal of HRDC Postcard-Only Suit Against Arkansas Jail, South Carolina Attorney General Issues Opinion That Information in State Prisoners Death Certificates Is Public Information, HRDC Case Sues JPay Over Fee-Heavy Release Card Debit Cards, Eleventh Circuit Holds No Qualified Immunity on Deliberate Indifference in Heat Exhaustion Case, Colorado Jail Blows Through $16 Million in COVID Relief Money, Has Outbreak Anyway, Settles ACLU Conditions Suit, Tennessee Department of Corrections Rebids $123 Million Health Care Contract After Corizon Accuses It and Centurion of Bid Rigging, Death, Neglect and Despair in U.S. Tribal Jails, Study Analyzes Deaths of Parole-Approved Texas Prisoners Awaiting Release, File a CFPB Complaint for Unfair Money Transfer Fees, Hunger Strike, Ceiling Collapse, Lawsuit Spotlight Deteriorating Conditions at Womens Prison in Illinois, Sacramento Sheriff Used Prisoner Welfare Fund for Trips, Salaries and Equipment, Fourth Circuit Rules Prisoner Sex Offender has No Right to In-Person Visitation with His Minor Children, Virginia Department of Corrections Confirms Visitation Not Primary Means of Contraband Introduction, Seven Former GEO Employees Plead Guilty in Federal Texas Private Jail Bribery Scheme, Indiana DOC Settles Class-Action Lawsuit Over Ban on Incoming Mail Except That in White Envelopes Using White, Lined Paper, Supreme Court Reverses Qualified Immunity Dismissal of Texas Prisoners Excessive Force Claim, Local Pennsylvania Voters Ban Solitary Confinement and No-Knock Warrants, Absent Expert Medical Testimony, Deliberate Indifference Tough to Prove in Medical Cases, Erie County Sheriff Settles AG Lawsuit for Violating New York Reporting Directives, California Slashes High Call Rates in Prisons and Jails, Mailbox Rule Inapplicable to Prisoners Represented by Counsel, Federal New York City Jail Made Infamous by Jeffrey Epstein Death Closed Due to Persistent Problems and Incompetence, New Connecticut Law Eliminates Prison Gerrymandering, $56 Million Settlement in CoreCivic Securities Violation Lawsuit, Judge Orders COVID Emergency Release Procedures at Lompoc Federal Prison, Eleventh Circuit Grants Prisoner with Hep C Exception to PLRA Three Strikes Rule, Washington DC Jails Suicide Proof Safe Cell Use Not Safe for Prisoners, Iowa County Wants to Use COVID-19 Relief Money to Build New Jail, $1 Million Settlement in Georgia Prisoners Preventable Suicide Attempt and Death, Immigration Detention Contracts Cancelled in Georgia and Massachusetts, $500,000 Settlement for California Jail Rape, Deputy Fired and Sentenced, Pay-to-Play Lives in FEC Decision Not to Enforce Ban on Political Contributions by Boca Prison Contractor The GEO Group, Ninth Circuit Says Statements Relayed at Criminal Trial By Nurse and Doctor Are Admissible, Not Hearsay, Fourth Circuit Reinstates Virginia Prisoners Spoliation Motion for Lost Video of His Alleged Assault by Guards, Seventh Circuit: Indiana Prisoner Who Failed to Formalize Grievance Also Failed to Exhaust Remedies, Record Deaths at Rikers Island Blamed on Guards Absenteeism, Abuse and Corruption, Third Circuit Strips Qualified Immunity From Delaware Guards Who Held Mentally Ill Prisoner in Solitary for Seven Months, Ninth Circuit Revives Failure-to-Protect Claim of Arizona Prisoner Beaten by Gang, Florida Jailers Leave Detainees Out of Evacuation Plans During Hurricane, Nevada Federal Court Says Prisoners 1983 Suit Shouldve Been a Habeas Petition, But Returns Filing Fee, Seventh Circuit Trims What Indiana Prisoner Owes Jail Doctor in Lost Lawsuit, Under New Mississippi Law, State Chooses Execution Method, $959,000 Paid by Pennsylvania County in Deaths of Two Detainees, Plus at Least $750,000 from PrimeCare, $20,000 Paid by Centurion and MHM Health Professionals to Arizona Prisoner for Alleged Deliberate Indifference and Medical Negligence, After Federal Judge Censors Lawyers Tweets About CoreCivic, Company Settles Suit Over Tennessee Prisoners Murder by Cellmate, Former Texas Prisoner Wins 12-Year Fight for Justice, $480,000 Paid by California County to Detainee Whose Newborn Died After Guards Stopped at Starbucks en Route to Hospital, $98,000 Paid by BOP to Immigrant Detainees Racially Profiled as Terrorists in New York City Lockup, $300,000 Paid by Colorado to Prisoner Sexually Harassed by Guard with Foot Fetish, Award Slashed for Delaware Prisoner Sexually Groped by Guard, Former Judges in Pennsylvania Kids for Cash Scandal Must Pay $206 Million in Damages.

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