Investor: Private Prison Company Hid Inadequate COVID-19 Response Measures

(July 8, 2020, 2:05 PM EDT) -- WEST PALM BEACH, Fla. — The operator of prisons and halfway houses and two of its senior executive officers violated federal securities law by misrepresenting the company’s response procedures to the novel coronavirus pandemic at its facilities, which caused significant health risks to the residents of the facilities, a shareholder alleges in a July 7 securities class action filed in Florida federal court (Steve Hartel v. The Geo Group Inc., et al., No. 20-81063, S.D. Fla.)....

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