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Corrections Corporation of America (CXW)

(NYSE: CXW)

Summary

Faruqi & Faruqi, LLP is Investigating Corrections Corporation of America on Behalf of its Shareholders - CXW

Faruqi & Faruqi, LLP, a national law firm concentrating on investor rights, consumer rights and the enforcement of federal antitrust laws, is investigating potential claims against the Board of Directors of Corrections Corporation of America (“CCA” or the “Company”) (NYSE: CXW) concerning possible breaches of fiduciary duty and other violations of law. 

The investigation concerns actions by CCA’s Board of Directors in connection with the understaffing of prison guards, in violation of CCA contracts, at CCA run prisons.  These failures have recently caused the Company to be in contempt of a previous settlement agreement regarding the understaffing of prison guards.  Shareholders interested in seeking to recover damages on behalf of CCA and to implement corporate governance measures designed to prevent future misconduct should contact the firm.

If you hold CXW shares and you would like to discuss your legal rights, please contact us by calling Michael J. Hynes free at 877-247-4292 or at 215-277-5770 or by sending an e-mail to mhynes@faruqilaw.com.

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  • Company:
    Corrections Corporation of America (CXW)
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Contact Counsel


Faruqi & Faruqi, LLP
101 Greenwood Avenue Suite 600
Jenkintown, PA 19046
Tel: (215) 277-5770

Email:

Case Details

Date:

  • 09/20/2013

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