, Aug. 4, 2020
/PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com
) is investigating claims on behalf of investors of The GEO Group, Inc. ("GEO Group" or the "Company") (NYSE: GEO). A complaint has been filed on behalf of investors that purchased or otherwise acquired GEO Group securities between February 27, 2020
and June 16, 2020
, inclusive (the "Class Period").
The complaint alleges that during the Class Period, the Company and its executives made false and misleading statements touting the Company's COVID-19 response procedures, but failed to disclose that GEO Group maintained woefully ineffective COVID-19 response procedures that subjected residents of the Company's halfway houses to significant health risks.
On June 17, 2020
, The Intercept published an article entitled "GEO Group's Blundering Response to the Pandemic Helped Spread Coronavirus in Halfway Houses." The article reported details of a significant COVID-19 outbreak at a halfway house operated by GEO Group that "was for weeks the hardest hit federal halfway house in the country" in terms of confirmed cases of COVID-19. According to the article, the Company continued to keep its residents in overcrowded conditions without enforcing personal protective measures even as COVID-19 diagnoses at the facility increased.
If you are a member of the proposed Class, you may move the court no later than September 7, 2020
to serve as a lead plaintiff for the purported class. You need not seek to become a lead plaintiff in order to share in any possible recovery. If you would like to discuss the complaint or our investigation, please contact us by emailing firstname.lastname@example.org
or by calling 646-315-9003.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.Kaplan Fox
& Kilsheimer LLP, with offices in New York
, San Francisco
, Los Angeles
and New Jersey
, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox
& Kilsheimer LLP, you may visit our website at www.kaplanfox.com
. If you have any questions about this Notice, your rights, or your interests, please contact: Donald R. HallKAPLAN FOX
& KILSHEIMER LLP
850 Third Avenue, 14th FloorNew York
, New York 10022
E-mail: email@example.comLaurence D. KingKAPLAN FOX
& KILSHEIMER LLP
1999 Harrison Street
, Suite 1560Oakland, California
Fax: (415) 772-4707
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SOURCE Kaplan Fox
& Kilsheimer LLP