DOJ Opens Investigation Into Tennessee Prison Operated By CoreCivic
Portfolio Pulse from Benzinga Newsdesk
The Department of Justice has initiated an investigation into a Tennessee prison operated by CoreCivic. This development could have implications for CoreCivic's operations and financial performance.
August 20, 2024 | 4:10 pm
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CoreCivic is under investigation by the DOJ for its operations in a Tennessee prison. This could lead to legal and regulatory challenges, affecting its stock price.
The DOJ investigation into CoreCivic's Tennessee prison could result in legal and regulatory issues, potentially impacting the company's reputation and financial performance. This is likely to negatively affect the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90