NEW YORK, Oct. 15, 2013 /PRNewswire/ --
Corrections Corporation of America
Lifshitz Law Firm announces an investigation into possible breaches of fiduciary duty by the directors of Corrections Corporation of America (the "Company") (NYSE: CXW). Specifically, a federal judge found the Company in contempt of court for persistently understaffing an Idaho prison in direct violation of a legal settlement. The judge also rejected the Company's contention that the former warden and other company officials didn't know about the understaffing, saying that they had been warned of the staffing problems multiple times and at the very least failed to check it out.
The firm is investigating legal claims against the officers and Board of Directors of the Company.For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: firstname.lastname@example.org. Edwards Lifesciences Corporation Lifshitz Law Firm announces that a class action suit was filed in the United States District Court for the Central District of California, alleging that Edwards Lifesciences Corporation (the "Company") (NYSE: EW), issued false and misleading statements to investors between April 25, 2012 and April 23, 2013, inclusive. Specifically, the Complaint alleges that: (1) the adoption of SAPIEN was weaker than the Company claimed, due to concerns among physicians over the risks and complexity of the procedure for implanting the valve; and (2) the Company's outlook for sales and earnings per share ("EPS") was significantly weaker than the optimistic guidance defendants offered to investors. For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: email@example.com. Mac-Gray Corporation Lifshitz Law Firm announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Mac-Gray Corporation (NYSE: TUC) to CSC ServiceWorks, Inc. in a cash transaction valued at approximately $524 million or $21.25 per share. Lifshitz Law Firm's investigation is focused on whether the proposed deal provides adequate value to TUC shareholders.