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.
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:
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