Hartel v. The GEO Group, Inc. et al
Case Number:
9:20-cv-81063
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
-
May 08, 2023
Prison Operator GEO Group To Pay $3M To Settle Investor Suit
Private prison operator The GEO Group on Monday agreed to pay $3 million to end a lawsuit by investors claiming the company and its CEO misled them about the financial impact of lawsuits the company faced over its response to COVID-19 outbreaks in its facilities and other alleged medical and labor deficiencies.
-
October 01, 2020
Levi & Korsinsky To Lead Stock-Drop Suit Against Prison Biz
A Florida federal judge has given a green light to Levi & Korsinsky LLP and Roche Cyrulnik Freedman LLP to act as co-lead counsel in a proposed class action alleging investors lost money because private prison company The GEO Group lied about its response to the COVID-19 pandemic.
-
August 13, 2020
Prison Biz Blasts Suit Over Virus-Linked Stock Drop
A private prison operator urged a Florida federal judge Wednesday to toss a proposed class action alleging it misled investors about its response to the COVID-19 pandemic and caused the company's stock price to drop, calling the suit a text-book example of a baseless "strike suit."
-
July 07, 2020
Private Prison Co. Investors Sue For Virus-Linked Stock Drop
The GEO Group Inc. was hit with a proposed class action Tuesday in Florida federal court alleging the private prison operator made misleading statements about its response to the COVID-19 pandemic, resulting in damage to investors after an article revealed woeful conditions at one of its halfway houses.