Harwood Feffer LLP Announces Investigation of Corrections Corporation of America - WLOX.com - The News for South Mississippi

Harwood Feffer LLP Announces Investigation of Corrections Corporation of America

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SOURCE Harwood Feffer LLP

NEW YORK, Feb. 12, 2014 /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 shareholders.

(Logo: http://photos.prnewswire.com/prnh/20120215/MM54604LOGO )

On February 4, 2014, it was reported that the Company had agreed to pay Idaho $1 million for understaffing the state's largest prison in violation of its contract.  Last year, a U.S. District Court held CCA in contempt of court for understaffing the prison in violation of a settlement reached three years ago with Idaho inmates. 

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 own CCA shares 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.
Matthew M. Houston, 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

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. © 2013 Harwood Feffer LLP. 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.

©2012 PR Newswire. All Rights Reserved.

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