February 10, 2014 (Update) - On Wednesday, February 5, 2014, a report said that a settlement between Corrections Corporation and the State of Idaho was reached concerning allegations of fraud and understaffing of the prison system by the Company.

On Wednesday, the Idaho State Police said in a statement that 'CCA's actions were a civil breach of contract and not criminal activity.' On February 8, 2014, another media report that the Idaho attorney generals office is calling for a criminal investigation into Correction Corporation of Americas understaffing of the Idaho Correctional Center after learning that a police investigation announced last year was never done.

Shares of Corrections Corp Of America declined from $33.85 per share on January 31, 2014 to $30.55 per share on February 10, 2014.

September 23, 2013 (Shareholders Foundation) - An investigation on behalf of investors in shares of Corrections Corp Of America (NYSE:CXW) was announced concerning whether certain Corrections Corp Of America officers and directors possibly breached their fiduciary duties in connection with certain statements.

The investigation by a law firm concerns, among other things, whether certain Corrections Corp Of America officers and directors breached their fiduciary duties and caused damage to the company and its shareholders. More specifically, the investigation concerns certain actions by Corrections Corp Of America's Board of Directors in connection with the potential understaffing of prison guards, in violation of Corrections Corp Of America contracts, at Corrections Corp Of America run prisons.

Corrections Corp Of America reported that its annual Total Revenue rose from over $1.61 billion in 2009 to over $1.75 billion in 2012.

Shares of Corrections Corp Of America (NYSE:CXW) grew from $9.82 per share in March 2009 to as high as $40.78 per share in April 2013.

On September 23, 2013, NYSE:CXW shares closed at $34.98 per share.