STOCK LOSS ALERT: Rosen Law Firm Reminds The GEO Group, Inc. Investors of Important Deadline in Class Action - GEO
September 26 2016 - 5:19PM
Business Wire
Rosen Law Firm, a global investor rights law firm, reminds
purchasers of The GEO Group, Inc. securities (NYSE:GEO) from March
1, 2012 through August 17, 2016, inclusive (the “Class Period”) of
the important October 24, 2016 lead plaintiff deadline in the class
action. The lawsuit seeks to recover damages for GEO Group
investors under the federal securities laws.
To join the GEO Group class action, go to the website at
http://www.rosenlegal.com/cases-942.html or call Phillip Kim, Esq.
or Kevin Chan, Esq. toll-free at 866-767-3653 or email
pkim@rosenlegal.com or kchan@rosenlegal.com for information on the
class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO
NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, defendants throughout the Class Period
made false and/or misleading statements and/or failed to disclose
that: (1) GEO Group’s facilities lacked adequate safety and
security standards and were less efficient at offering correctional
services than the Federal Bureau of Prisons’ (“BOP”) facilities;
(2) GEO Group’s rehabilitative services for inmates were less
effective than those provided by BOP; (3) consequently, the U.S.
Department of Justice was unlikely to renew and/or extend its
contracts with GEO; and (4) as a result, GEO Group’s public
statements were materially false and misleading at all relevant
times. When the true details entered the market, the lawsuit claims
that investors suffered damages.
A class action lawsuit has already been filed. If you wish to
serve as lead plaintiff, you must move the Court no later than
October 24, 2016. If you wish to join the litigation, go to
http://www.rosenlegal.com/cases-942.html or to discuss your rights
or interests regarding this class action, please contact, Phillip
Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at
866-767-3653 or via e-mail at pkim@rosenlegal.com or
kchan@rosenlegal.com.
Follow us for updates on LinkedIn:
https://www.linkedin.com/company/the-rosen-law-firm or on Twitter:
https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
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version on businesswire.com: http://www.businesswire.com/news/home/20160926006443/en/
The Rosen Law Firm, P.A.Laurence Rosen, Esq.Phillip Kim,
Esq.Kevin Chan, Esq.275 Madison Avenue, 34th FloorNew York, NY
10016Tel: 212-686-1060Toll Free: 866-767-3653Fax:
212-202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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