Energy News / Shareholders Foundation, Inc.

NYSE:GEO Investor Alert: Investigation over Potential Wrongdoing at the GEO Group, Inc

Via: ReleaseWire

Updated 11:45 AM CDT, Wed, October 10,2018

An investigation on behalf of investors in The GEO Group, Inc. (NYSE: GEO) shares over potential wrongdoing at The GEO Group, Inc. was announced.

San Diego, CA -- (SBWIRE) -- 10/10/2018 -- An investigation was announced for investors in shares of The GEO Group, Inc. (NYSE: GEO) over potential breaches of fiduciary duties by certain officers and directors at The GEO Group, Inc.

Investors who purchased shares of The GEO Group, Inc. (NYSE: GEO) and currently hold any of those NYSE: GEO shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain The GEO Group directors breached their fiduciary duties and caused damage to the company and its shareholders.

Boca Raton, FL based The GEO Group, Inc. (NYSE: GEO) is the first fully integrated equity real estate investment trust ("REIT") specializing in the design, financing, development, and operation of correctional, detention, and community reentry facilities around the globe.

The GEO Group, Inc. reported that its annual Total Revenue rose from over $2.17 billion in 2016 to over $2.26 billion in 2017 and that its Net Income declined from $148.71 million in 2016 to $146.24 million in 2017.

Shares of The GEO Group, Inc. (NYSE: GEO) declined from $27.54 per share in June 2018 to as low as $23.98 per share on October 4, 2018.

Those who purchased shares of The GEO Group, Inc. (NYSE: GEO), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nysegeo-investor-alert-investigation-over-potential-wrongdoing-at-the-geo-group-inc-1061801.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com