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Grae v. Corrections Corporation of America et al
Case Number:
3:16-cv-02267
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Barrett Johnston
- Bramlett Law Offices
- Donati Law
- Holifield & Janich
- Latham & Watkins
- Pomerantz LLP
- Riley & Jacobson
- Robbins Geller
- Schall Law
Companies
Sectors & Industries:
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November 09, 2021
Plaintiff Attys Get $20M In CoreCivic Securities Suit
Attorneys from Robbins Geller Rudman & Dowd LLP, Pomerantz LLP and other firms were awarded about $20 million in attorneys' fees from a Tennessee federal court on Monday for representing CoreCivic Inc. investors in a securities class action that accused the private prison corporation of misleading investors about the quality of CoreCivic's correctional facilities.
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April 19, 2021
Prison Co. Inks $56M Deal To End Investor Suit Ahead Of Trial
Private prison operator CoreCivic Inc. has agreed to pay $56 million to end an investor class action accusing it of misleading shareholders about the quality, efficiency and regulatory compliance of its facilities ahead of a looming Tennessee federal court trial, the company said Friday.
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January 18, 2019
Prison Co. Stock's Non-Reaction To Disclosures Dooms Cert.
A Tennessee federal judge declined Friday to certify a class of investors who allege that private prison operator CoreCivic Inc. misrepresented its safety, security and rehabilitation standards, saying shares of the company didn't decline when the supposed misstatements were first revealed.
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July 18, 2018
Prison Co. Urges No Class Cert. Since No Stock-Price Impact
Private prison operator CoreCivic Inc. has told a Tennessee federal court not to certify a proposed class of investors who allege it misrepresented its safety, security and rehabilitation standards, saying the alleged misstatements didn't affect its stock price.
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December 19, 2017
Judge Won't Let Prison Co. Break Out Of Investor Suit
A Tennessee federal judge on Monday ruled that private prison operator CoreCivic Inc. must face a proposed class action accusing the company of misleading investors about the quality, efficiency and regulatory compliance of its facilities, finding that the suit's allegations are strong enough to survive the company's dismissal bid.
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May 15, 2017
Private Prison Co. Seeks Early Release From Investor Suit
CoreCivic Inc. told a Tennessee federal court on Friday that the investors who accused the private prison operator of misleading them about the quality, efficiency and regulatory compliance of its facilities should have their proposed class action tossed for failing to adequately plead their securities fraud claims.
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August 24, 2016
Investors Sue Over Feds' Plan To End Private Prison Contracts
Corrections Corp. of America misled shareholders into thinking its facilities were on par with the federal government's, causing shares to fall when the U.S. Department of Justice announced it will be phasing out the federal government's use of private prisons, a proposed investor class alleged Tuesday in a Tennessee federal court.