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U.S. Corrections Corporation Stock Suit
Loaded on Nov. 15, 2005
published in Prison Legal News
November, 2005, page 41
U.S. Corrections Corporation Stock Suit Settled for $13.2 Million
Filed under:
Private Prisons,
Corrections Corporation of America/CoreCivic,
U.S. Corrections Corp,
Contractor Misconduct,
Employee Litigation.
Location:
Kentucky.
The former owners of U.S. Correctional Corporation (USCC) have agreed to settle a lawsuit over misuse of the employee stock-ownership plan for $13.2 million.
Prior to 1998, when it was purchased by Corrections Corporation of America for $225 million, USCC ran ...
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