November 8, 2021. The Court in the Corrections Corp. securities matter (Middle District of Tennessee) approved a class action settlement in the amount of $56 million. Plaintiffs alleged that Corrections Corp. made materially false and misleading statements regarding their business, operations, and compliance policies. Professor Steven Feinstein of Babson College and Crowninshield Financial Research provided an expert report on market efficiency and consulted on the computation of damages.


Read more on this case at Stanford Securities Class Action Clearinghouse.