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U.S. Corrections Corporation Stock Suit

U.S. Corrections Corporation Stock Suit Settled for $13.2 Million

The former owners of U.S. Correctional Corporation (USCC) have agreed to settle a lawsuit over misuse of the employee stock-ownership plan for $13.2 million.

Prior to 1998, when it was purchased by Corrections Corporation of America for $225 million, USCC ran ...

 

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