Press release from PR Newswire
Faruqi & Faruqi, LLP is Investigating Corrections Corporation of America on Behalf of its Shareholders - CXW
Friday, September 20, 2013
Faruqi & Faruqi, LLP is Investigating Corrections Corporation of America on Behalf of its Shareholders - CXW10:30 EDT Friday, September 20, 2013
NEW YORK, Sept. 20, 2013 /PRNewswire/ -- 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.
Request more information now by clicking here: www.faruqilaw.com/CXW
Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action and derivative litigation. The firm is focused on providing exemplary legal services in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients.
If you hold CXW shares and you would like to discuss your legal rights, visit www.faruqilaw.com/CXW. You can also contact us by calling Michael J. Hynes free at 877-247-4292 or at 215-277-5770 or by sending an e-mail to firstname.lastname@example.org.
Faruqi & Faruqi, LLPMichael J. Hynes, Esq.101 Greenwood Avenue Suite 600Jenkintown, PA 19046Telephone: (877) 247-4292 or (215) 277-5770E-mail: email@example.com
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