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Private Prison Companies Face Stock Crash, Credit Crunch

Loaded on Feb. 1, 2021 by Matthew Clarke published in Prison Legal News February, 2021, page 40
Filed under: Private Prisons, Corrections Corporation of America/CoreCivic, GEO Group/Wackenhut. Location: United States of America.

by Matt Clarke

Once darlings of Wall Street, CoreCivic and GEO Group — the nation’s two biggest publicly traded private prison companies — have suffered a precipitous drop in stock prices, following a pressure campaign by foes of mass incarceration that has resulted in divestment of their stock by major ...

 

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More from this issue:

  1. The Way Prisoners Flag Guard Abuse, Inadequate Health Care and Unsanitary Conditions Is Broken, by Shannon Heffernan
  2. Collateral Consequences of Mass Incarceration, by Edward Lyon
  3. New York Parole System Badly in Need of Repair, by Kevin Bliss
  4. From the Editor, by Paul Wright
  5. Pandemic Update: News on Vaccines and Prison and Jail Staffing, by Michael D. Cohen, MD
  6. Urgent Need for Vaccine Administration in Prisons, Jails and Detention Centers, by Maya Chaudhuri, Aaron Littman, Sharon Dolovich
  7. Almost 300,000 Fell Ill and 2,000 Died from COVID-19 in U.S. Jails, Prisons, by Derek Gilna
  8. California Loses Round in Legal Fight to Deny Parole Based on Gang Affiliation, by David Reutter
  9. Was Indiana Women’s Prison Willfully Ignorant About COVID-19 Numbers?, by Matthew Clarke
  10. How a Private Prison Company’s Defamation Suit Against One of Its Critics Backfired, by Madison Pauley
  11. After $625,000 Settlement, Oregon Deputy Charged in Assault of Prisoner, by Mark Wilson
  12. Pinellas County, Florida Sheriff’s Office Sued in Federal Court for Treatment of Transgender Prisoner, by Derek Gilna
  13. Federal Judge Slaps ICE, GEO Group Over “Abominable Performance” and Officials Who Lied During Testimony, by David Reutter
  14. No Summary Judgment on Oregon Prisoner’s Retaliatory Termination Claim, by Mark Wilson
  15. Minnesota State and Federal Prisoners COVID Case Surge Sparks ACLU Lawsuit, by Derek Gilna
  16. Missouri Prisoner Pleaded for Release Before Dying of COVID-19, by Daniel A. Rosen
  17. Ninth Circuit Finds California Prisoner’s Administrative Remedies Effectively Unavailable, by Mark Wilson
  18. Fourth Circuit Holds Prisoner’s Indefinite Period of Solitary Confinement at Virginia Supermax May Amount to Atypical and Significant Hardship, by Matthew Clarke
  19. Federal Educational Aid Restored for State and Federal Prisoners, by Dale Chappell
  20. Progress Made in Fight Against Prison Gerrymandering But Battle Continues, by Douglas Ankney
  21. COVID-19: What Texas Must Do to Save Prisoners’ Lives, by Edward Lyon
  22. Ninth Circuit Reverses Lower Court’s Dismissal of California Prisoner’s Religious Freedom Lawsuit, by Mark Wilson
  23. Minnesota Prison Guard Fired for Excessive Force After Brawl Linked to Floyd Protests, by Anthony Accurso
  24. New Details Emerge on Senseless Death in a Milwaukee, Wisconsin Jail, by Jayson Hawkins
  25. $1.1 Million Settlement in Kentucky Jail Sex Abuse Suit, by David Reutter
  26. Justice Department Report Documents Brooklyn Metropolitan Detention Center’s Poor Response to COVID-19 Crisis, by Kevin Bliss
  27. Global Tel*Link Hit with Sanctions For Discovery Violations in Georgia Prison Call Class Action, by Derek Gilna
  28. Federal Judge in Georgia Grants Class Action Status to Prisoners’ Suit Against Global Tel*Link
  29. Fourth Circuit: ADA Relief Claims Improperly Dismissed in Virginia, by Mark Wilson
  30. Private Prison Companies Face Stock Crash, Credit Crunch, by Matthew Clarke
  31. Former BOP Director Norman Carlson, Who Developed Supermax Model, Dies at 86, by Kevin Bliss
  32. Arizona Pays Prisoners Pennies on the Dollar to Fight Fires, All in the Name of Saving Money, by Dale Chappell
  33. Mellon Foundation to Provide $5.25 Million in Program to Distribute Books to Prisoners, by Douglas Ankney
  34. Experts Find “Deplorable” Conditions at Mississippi’s Parchman Prison, by David Reutter
  35. ICE Refused Help in Containing Coronavirus in New Mexico Detention Centers, by Kevin Bliss
  36. Troubled Ohio Jail Faces Two More Lawsuits, by Matthew Clarke
  37. Pennsylvania Correctional Emergency Response Teams Face New Scrutiny in “Noose” Controversy, by Derek Gilna
  38. New Mexico Corrections Pays $1.4 Million to Settle Whistleblower Complaint Alleging Retaliation for Exposing Deficiencies in Corizon Medical Care, by Douglas Ankney
  39. Child Sexual Abuse: It’s Never Too Late to Speak Out, by Darrell Cochran
  40. No-Show Prison Workers Cost Mississippi Taxpayers Millions, by Alysia Santo, Joseph Neff
  41. Ninth Circuit Holds Intermediate Scrutiny Applies in Challenges to Facially Discriminatory Prison Regulations, by Matthew Clarke
  42. Overtime Payouts in California Prison System Approach $500 Million, by Daniel A. Rosen
  43. Florida State Prisons Scrub Key COVID Data From Website, Obscuring Magnitude of Inmate Deaths and Infections, by Laura Cassels
  44. Idaho Supreme Court Holds Prisoners Have No Right to Paid or Unpaid Employment, by Matthew Clarke
  45. Legislative Exemption Let Fired Alaska Cop Be Rehired as Jailer, by Edward Lyon
  46. Prisoners Paid $2 Per Hour to Move COVID-19 Corpses in El Paso, Texas, by Matthew Clarke
  47. NY Federal Court Denies Summary Judgment on Claims of Improper Medication Seizure, Evidence Fabrication, Improper Frisk During Prison Visit, by Matthew Clarke
  48. Minnesota Man Out of Prison After Being Exonerated of Murder, by Edward Lyon
  49. $4.65 Million Settlement for Florida Female Prisoner Left Quadriplegic After Brutal Beating by Guards, by David Reutter
  50. Federal Court Again Orders California DOC to Remedy Continuing ADA Violations, by Derek Gilna
  51. Decline in South Dakota State Prisoners Not Due to COVID, by Edward Lyon
  52. DOJ Report: Carceral Population Falls, 2017-2018, by Matthew Clarke
  53. COVID-19: The Politics of Prisoner Vaccination, by Kevin Bliss
  54. Sixth Circuit Affirms Tennessee DOC’s Hepatitis C Treatment Due to Lack of Funds, by David Reutter
  55. News in Brief

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