LOS ANGELES–(BUSINESS WIRE) – Schall law firm, a national law firm specializing in shareholder rights, is filing a class action lawsuit against The GEO Group, Inc. ("GEO" or "the company") (NYSE: GEO) for violating §§. 10 (b) and 20 (a) of the Securities Exchange Act of 1934 and Rule 10b-5 published by the United States Securities and Exchange Commission.
Investors who purchased the Company's securities between February 27, 2020 and June 16, 2020 (including the "Class Period") are asked to contact the Company before September 8, 2020.
If you are a shareholder who has suffered a loss, click here to participate.
We also recommend that you contact Brian Schall of the Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335 to discuss your rights free of charge. You can also contact us on the company's website at www.schallfirm.com or by email at firstname.lastname@example.org.
In this case, the class has not yet been certified and you will not be represented by a lawyer until certification. If you take no action, you can remain an absent class member.
According to the complaint, the company made false and misleading statements about the market. GEO's COVID-19 response procedures were ineffective. The company's failure to adhere to appropriate response procedures jeopardized the residents of its intermediate houses. The threat to its residents from a significant health risk made the company vulnerable to financial and reputational damage. Based on this news, the company’s public statements throughout the teaching period were false and significantly misleading. When the market learned the truth about GEO, investors suffered damage.
Join the case to make up for your losses.
The law firm Schall represents investors all over the world and specializes in class actions and shareholder litigation.
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