Atlassian Class Action: Levi & Korsinsky Reminds Atlassian Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 4, 2023 - TEAM Published: Feb. 13, 2023 . 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. Camp Lejeune residents now have the opportunity to claim compensation for harm suffered from contaminated water. Private prison operator CoreCivic, formerly known as Corrections Corporation of America (CCA), paid $56 million to settle a class action lawsuit alleging it violated securities laws that resulted in a loss to stock holders. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. If so, this lawsuit will affect your legal rights. To recover as a Member of the Class based on your claims in the action entitled Grae v. Corrections Corporation of America, et al., Civil Action No. New York, NY 10012, Main: 212-614-6464 Community Corrections E-Carceration submit will be maintained as confidential. In the lawsuit, plaintiffs alleged that the unconscionable arrangements violated their constitutional rights to speech and association, their rights to foster and maintain family relations under the First and Fourteenth Amendments; their rights to due process and equal protection of law under the Fifth and Fourteenth Amendments; and their right to unimpaired freedom of contract under Article 1, Section 10. | November 22, 2022 The Federal Communications Commission (FCC) finally approves new rules capping prison phone rates, ten years after Martha Wright filed her petition. authorizing us to contact you regarding this case and/or future cases. For more information about Kessler Topaz Meltzer & Check, or for additional information about participating in this action, please visit www.ktmc.com. All rights reserved. from 8 AM - 9 PM ET. For more information about Kessler Topaz Meltzer & Check, or for additional information about participating in this action, please visit www.ktmc.com. (the "Stipulation") dated June 24, 2021, which can be found and downloaded by clicking on the Case Documents tab above. Bell, Esq. CoreCivics defense was that an August 11, 2016 report by the Department of Justices Office of the Inspector General (OIG) laid bare the problems in privately-operated federal prisons. Sections 151 et seq., and other laws of the District of Columbia. The petition sought restructuring of long distance inmate calling services to introduce competition. Provides Earnings Guidance for the Year 2023, CoreCivic, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2022, CoreCivic, Inc. Reports Earnings Results for the Full Year Ended December 31, 2022, CoreCivic Announces 2022 Fourth Quarter Earnings Release and Conference Call Dates, CoreCivic to Redeem 4.625% Senior Notes Due 2023. The civil complaint cited statements made in Annual Reports CCA filed with the Securities and Exchange Commission. What Is This Lawsuit About? See: Grae v. Corrections Corporation of America, U.S.D.C. Forgot password ? On Aug. 17, the day before the DOJ announcement, Correction Corporation was trading at just $27.22 per share. The plaintiffs also alleged that the agreements violated the Sherman Anti-Trust Act, 15 U.S.C. at (484) 270-1453; or you may submit your information via email at info@ktmc.com, or you may click here to print a PDF of this form. Before commenting, please review our comment policy. Bell, Esq.) Join us on the front lines for social justice! If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible. Sections 1 et seq., the Communications Act, 47 U.S.C. The complaint in this action was not filed by Kessler Topaz Meltzer & Check. Wedbush Upgrades CoreCivic to Outperform From Neutral, Adds Stock to Best Ideas List, A.. Senior VP-Federal & Local Customer Relations, Chief Financial Officer & Executive Vice President, Chief Information Officer & VP-Technology, Chief Operating Officer & Executive Vice President. The complaint alleges that the Company made false and/or misleading statements and/or failed to disclose: (a) that Corrections . Goldberg Law PC announces that a class action lawsuit has been filed against Corrections Corporation of America .. | February 6, 2023 . 3:16-cv-02267 (M.D. 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. 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. Tenth Circuit Revives Suit Against Colorado Jail Guard in Death of Mentally Disabled Detainee, Nov. 30, 2022. 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. For additional information please visit https://www.ktmc.com/new-cases/corrections-corporation-of-america#join. Shareholders who have incurred losses in Corrections Corporation of America securities are urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774.. Copyright 2023 Surperformance. (484) 270-1453; or via e-mail at info@ktmc.com. | February 7, 2023 Advanced search Log in Forgot password ? In this nationwide class action lawsuit, the Center for Constitutional Rights (CCR) sought 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 entered into a series of exclusive agreements with these telephone companies to provide inmate telephone service at various CCA-run prisons and jails. Class Member. 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. 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. 3:16-cv-02267, has been certified by the District Court as a class action; and Amalgamated Bank, as Trustee for . Private prison operator CoreCivic, formerly known as Corrections Corporation of America (CCA), paid $56 million to settle a class action lawsuit alleging it violated securities laws that resulted in a loss to stock holders. In 2014 and 2015 reports, CCA said, We are committed to equipping offenders in our care with the services, support, and resources necessary to return the community as productive, contributing members of society., The facade fell off on August 18, 2016, when Deputy General Attorney Sally Yates announced the Department of Justice had decided to end its use of private prisons. 2. Read our Newswire Disclaimer. The settlement was greeted cheerfully by the stock market, as seen by the 3.5% gain in CoreCivics stock price after the it was announced. GENERAL INSTRUCTIONS 1. For two years, CCR participated in a mediation process with defendants and the Special Enforcement unit of the FCC as required. 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. 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. These exclusive dealing agreements resulted in the same civil rights violations as have been alleged in CCRs other two prison telephone cases. On May 31, 2019, Defendants and Plaintiff participated in another in-person mediation session with Mr. Lindstrom. CCR filed a petition for rulemaking with the FCC. Title. Did you purchase shares of Corrections Corporation of America (2016) prior to the Class Period? For additional information please visit https://www.ktmc.com/new-cases/corrections-corporation-of-america#join. Prison Staff Are Refusing Vaccines. For more information about Kessler Topaz Meltzer & Check, or for additional information about participating in this action, please visit www.ktmc.com. 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 Corporation of America (NYSE: CXW) ("CCA" or the "Company") on behalf of purchasers of the Company's securities between February 27, 2012 and August 17, 2016, inclusive (the "Class Period"). For more information, visit Batteas Corrections Corporation of America case summary. $2.57 Million Settlement for Hogtying Death in NC Police Custody, Nov. 30, 2022. Shareholders who wish to discuss this action and their legal options are encouraged to contact Kessler Topaz Meltzer & Check, LLP (Darren J. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, https://www.ktmc.com/new-cases/corrections-corporation-of-america#join, Final Deadline Approaching on March 7, 2023: Kessler Topaz Meltzer & Check, LLP Reminds Enovix Corporation Investors of Class Action Lawsuit Deadline, Lead Plaintiff Deadline on March 7, 2023 for Enovix Corporation Investors - Kessler Topaz Meltzer & Check, LLP Reminds Investors of Class Action Lawsuit Filed Against Enovix Corporation. Copyright 2023 Surperformance. 3:16-cv-02267 Honorable Aleta A. Trauger PROOF OF CLAIM AND RELEASE I. This settlement will help ensure they dont lose money betting on the business of caging people for profit. This browser does not support PDFs. Those statements came as no surprise to PLN readers, for we have regularly reported the deficiencies of services and security in CCA and CoreCivic prisons for over 31 years now. Corrections Corporation of America/CoreCivic, Rural Prisons . securities between February 27, 2012 and August 17, 2016, inclusive, and who were damaged thereby. This is the only option that. Join us on the front lines for social justice! 666 Broadway The court wrote that the fundamental question was, Did a statement matter? A successful plaintiff must show the misleading statements or failure to disclose was material to a negative stock price impact that caused the loss, but those were issues for trial, not for certifying a class. Donations: 212-614-6448 Corrado Rizzi is the Senior Managing Editor of ClassAction.org. 3:16-cv-02267 Honorable Aleta A. Trauger . The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). These exclusive dealing agreements allow defendants to use their control over a captive audience to unjustly enrich themselves. The lawsuits two lead plaintiffs, former civil immigration detainees who were incarcerated and worked at the defendants 1,492-bed Otay Mesa Detention Center in California, alleges CoreCivic illegally forces and/or coerces detainees to clean, maintain and operate its detention facilities. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. (610) 667-7706 It owns and operates prisons and jails, including immigration jails and "community corrections" centers, and uses forced prison labor. 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. 27, 2012 and August 17, 2016, inclusive (the "Class Period"). All rights reserved. They simply do not provide the same level of correctional services, programs, and resources, Yates said in making the announcement. This action is still ongoing. (M.D. Kessler Topaz Meltzer & Check prosecutes class actions in state and federal courts throughout the country. Case No. The law firm of Robbins Geller Rudman & Dowd LLP represents you and other Class Members. WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Credit Acceptance Corporation (NASDAQ: CACC) resulting from allegations that Credit Acceptance may have issued materially misleading business information to the investing public. For additional information please visit https://www.ktmc.com/new-cases/corrections-corporation-of-america#join. Judge Trauger found there was a strong case to be made that CoreCivic got off easy with respect to the OIG report. Fax: 212-614-6499, CCR filed a petition for rulemaking with the FCC.