Hartel v. The GEO Group, Inc. et al

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Case overview

Case Number:

9:20-cv-81063

Court:

Florida Southern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Rodney Smith

Firms

  1. 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.

  2. 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.

  3. 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."

  4. 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.