Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

CoreCivic, Inc. (CXW) Class Action Lawsuit (August 2016)

Closed

3:16cv2267 • August 23, 2016

Class Period Start

February 26, 2012

Class Period End

April 1, 2020

PSLRA Deadline

October 24, 2016

Case Allegations

10b5

Statutes of Repose

Feb 26, 2015

Country

United States

Court

Federal Court

Settlement Information

Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.

Claim Deadline

November 19, 2021

Settlement Fund

$56,000,000

Settlement Status

Disbursed

Settlement Class

All persons or entities that PURCHASED OR OTHERWISE ACQUIRED CORRECTIONS CORPORATION OF AMERICA, INC. (“CCA” OR THE “COMPANY”) (N/K/A “CORECIVIC”) SECURITIES DURING THE PERIOD FROM FEBRUARY 27, 2012 THROUGH AND INCLUDING AUGUST 17, 2016.

Claim Administrator

Gilardi & Co. LLC
CCA/CoreCivic Securities Settlement Claims Administrator c/o Gilardi & Co. LLC P.O. Box 43377 Providence, RI 02940-3377
+1 866-779-6819
[email protected]

Hearing Date

November 8, 2021

Opt-out Deadline

October 8, 2021

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Nov 8, 2021

Disbursement Approved

The court has approved the distribution of settlement funds to eligible class members. Investors with approved claims may receive payments from the settlement. If you have questions about your claim or payment, contact the claims administrator.

Nov 8, 2021

Final Approval of Settlement

The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.

Jul 6, 2021

Scheduling Order

Jun 29, 2021

Proof of Claim Form

To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.

Jun 29, 2021

Preliminary Approval of Settlement

The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.

Jun 24, 2021

Proposed Settlement

Apr 16, 2021

Scheduling Order

Mar 19, 2021

Scheduling Order

Mar 17, 2021

Scheduling Order

Mar 12, 2021

Scheduling Order

Mar 9, 2021

Scheduling Order

Jan 29, 2021

Scheduling Order

Oct 8, 2020

Scheduling Order

Oct 8, 2020

Scheduling Order

Sep 28, 2020

Scheduling Order

Sep 16, 2020

Scheduling Order

Sep 15, 2020

Scheduling Order

Aug 7, 2020

Scheduling Order

Jul 13, 2020

Scheduling Order

Jul 9, 2020

Scheduling Order

Jul 1, 2020

Scheduling Order

Jun 26, 2020

Scheduling Order

Jun 3, 2020

Scheduling Order

Jun 1, 2020

Scheduling Order

Mar 3, 2020

Scheduling Order

Feb 13, 2020

Scheduling Order

Feb 11, 2020

Scheduling Order

Mar 26, 2019

Class Certification Granted

The court has determined that a class action is the appropriate method to bring the claims by class members. Usually, when a class is certified, the judge will also affirm an individual or entity to represent the class and finalize a class definition (i.e.: who is represented in the lawsuit).

Jan 18, 2019

Scheduling Order

Jun 1, 2018

Motion for Class Certification

The plaintiffs have asked the court to approve the lawsuit to proceed as a class action on behalf of a group of investors. The judge will decide whether the case meets the requirements for class certification and which investors and claims may be included.

Dec 18, 2017

Motion to Dismiss Denied

The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.

May 12, 2017

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Jan 27, 2017

Scheduling Order

Jan 10, 2017

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Sep 20, 2016

Scheduling Order

Aug 23, 2016

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in CoreCivic, Inc..

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