Robbins Arroyo LLP Is Investigating the Officers and Directors of Corrections Corporation of America on Behalf of Shareholders

Robbins Arroyo LLP Is Investigating the Officers and Directors of Corrections
               Corporation of America on Behalf of Shareholders

PR Newswire

SAN DIEGO and NASHVILLE, Tenn., Oct. 14, 2013

SAN DIEGO andNASHVILLE, Tenn., Oct. 14, 2013 /PRNewswire/ -- Shareholder
rights law firm Robbins Arroyo LLP is investigating whether certain officers
and directors of Corrections Corporation of America ("CCA") (NYSE: CXW)
breached their fiduciary duties to shareholders.

(Logo:http://photos.prnewswire.com/prnh/20130103/MM36754LOGO)

Learn more about our investigation on our Shareholder Rights Blog:
http://www.robbinsarroyo.com/shareholders-rights-blog/cca/

CCA in Contempt of Court for Understaffing Idaho Prison in Violation of
Settlement Agreement

CCA owns and operates privatized correctional and detention facilities in the
United States. In 2010, the American Civil Liberties Union ("ACLU") sued CCA
on behalf of inmates at Idaho Correctional Center due to the level of violence
at the prison. On September 16, 2011, CCA reached a settlement with the ACLU
that required increased staffing and other operational changes. That
settlement was set to expire this month, but the ACLU asked the judge to
extend it and find CCA in contempt for failing to abide by the agreement. In
finding CCA in contempt, U.S. District Judge David Carter noted that the level
of understaffing was far worse than the company originally acknowledged. He
appointed an independent monitor to oversee staffing at the prison and stated
that fines – starting at $100 an hour – will incur if the company violates the
agreement again.

Robbins Arroyo LLP highlights that CCA shareholders have the option to pursue
a shareholder litigation demand or shareholder derivative action through which
shareholders aim to hold insider wrongdoers accountable for their actions,
prevent future misconduct, and bring long-term value back to the company.
Concerned shareholders who would like more information about their rights and
potential remedies can contact attorney Darnell R. Donahue at (800) 350-6003,
DDonahue@robbinsarroyo.com, or via the shareholder information form on the
firm's website.

Robbins Arroyo LLP is a nationally recognized leader in securities litigation
and shareholder rights law. The firm represents individual and institutional
investors in shareholder derivative and securities class action lawsuits, and
has helped its clients realize more than $1 billion of value for themselves
and the companies in which they have invested. For more information, please
go to http://www.robbinsarroyo.com.

Attorney Advertising.Past results do not guarantee a similar outcome.

Contact:
Darnell R. Donahue
Robbins Arroyo LLP
DDonahue@robbinsarroyo.com
(619) 525-3990 or Toll Free (800) 350-6003
www.robbinsarroyo.com

SOURCE Robbins Arroyo LLP

Website: http://www.robbinsarroyo.com
 
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