Zhang v. Zoley et al

  1. March 29, 2024

    GEO Group Brass Agree To Reforms To End Derivative Suit

    Shareholders who claimed executives of private prison contractor GEO Group Inc. lied about financing deals with major banks told a Florida federal judge that the company has agreed to a host of corporate reforms to end the derivative suit, which will include the appointment of a chief compliance officer.

  2. November 12, 2021

    GEO Group Execs Lied About Bank Ties, Shareholder Says

    As its operations were publicly criticized, private prison contractor GEO Group Inc.'s executives assured investors that financing deals with major banks like JPMorgan Chase and Wells Fargo remained steady, but the majority of financial partners had actually severed ties, according to a derivative federal lawsuit filed Friday in Florida.