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Tennessee: Federal Court Grants Class-Action Status in Shareholder Suit Against CoreCivic

by Matt Clarke

On March 26, 2019, a federal district court in Tennessee granted class-action certification in a shareholder lawsuit brought against CoreCivic, formerly Corrections Corporation of America, that alleged the company made statements misrepresenting the quality and value of its services, resulting in losses to stockholders.

The suit was ...

 

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