Press release
The GEO Group, Inc. (NYSE: GEO) Investor Alert: Update in Lawsuit
A lawsuit was filed on behalf of investors in The GEO Group, Inc. (NYSE: GEO) shares over alleged securities laws violations.
Investors who purchased shares of The GEO Group, Inc. (NYSE: GEO) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
On July 7, 2020, a lawsuit was filed against The GEO Group, Inc over alleged securities laws violations. The plaintiff claimed that the defendants made false and/or misleading statements and/or failed to disclose that GEO Group maintained woefully ineffective COVID-19 response procedures, that those inadequate procedures subjected residents of the Company's halfway houses to significant health risks, that accordingly, the Company was vulnerable to significant financial and/or reputational harm, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
On November 18, 2020, a consolidated amended complaint was filed and on December 18, 2020, the defendants filed their motion to dismiss the complaint.
Those who purchased shares of The GEO Group, Inc. (NYSE: GEO) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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