Harwood Feffer LLP Announces Investigation of Corrections Corporation of America

Aug 23, 2016

NEW YORK, Aug. 23, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Corrections Corporation of America ("CCA" or the "Company") (NYSE: CXW), concerning whether the board has breached its fiduciary duties to investors.

Harwood Feffer LLP. (PRNewsFoto/Harwood Feffer LLP)

On August 18, 2016, the Department of Justice ("DOJ") announced that it would end its use of private prisons, including those operated by CCA.  According to the announcement, the private prison facilities were both less safe and less effective at providing correction services than prisons run by the federal government.

Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.

If you are an investor in CCA and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email:  bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm. 

Attorney Advertising. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

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SOURCE Harwood Feffer LLP