United States District Court Middle District of Tennessee Nashville Division
UNITED STATES DISTRICT COURT MIDDLE DISTRICT OF TENNESSEE NASHVILLE DIVISION NIKKI BOLLINGER GRAE, Individually ) and on Behalf of All Others Similarly ) Situated, ) ) Plaintiff, ) ) v. ) Case No. 3:16-cv-2267 ) Judge Aleta A. Trauger CORRECTIONS CORPORATION OF ) AMERICA, DAMON T. HININGER, ) DAVID M. GARFINKLE, TODD J. ) MULLENGER, and HARLEY G. LAPPIN, ) ) Defendants. ) MEMORANDUM Pending before the court is a Motion to Dismiss (Docket No. 60) filed by CoreCivic (formerly Corrections Corporation of America), Damon T. Hininger, David M. Garfinkle, Todd J. Mullenger, and Harley G. Lappin (“Individual Defendants”) (collectively, “CoreCivic”), to which Amalgamated Bank, as Trustee for the LongView Collective Investment Fund, (“Amalgamated”) has filed a Response (Docket No. 67), and CoreCivic has filed a Reply (Docket No. 73). For the reasons stated herein, CoreCivic’s motion will be denied. I. BACKGROUND & PROCEDURAL HISTORY1 CoreCivic is a publicly traded real estate investment trust (“REIT”) that owns and operates correctional, detention, and residential reentry facilities. (Docket No. 57 ¶ 2.) Due to the nature of its business, CoreCivic relies on federal, state, and local governments as clients. (Id. ¶ 34.) In the period from February 27, 2012, through August 17, 2016 (“Class Period”), 1 The facts are taken primarily from Amalgamated’s Amended Complaint (“Complaint”). (Docket No. 57.) Except where otherwise noted, the facts are accepted as true for the purpose of deciding the merits of CoreCivic’s Motion to Dismiss. Case 3:16-cv-02267 Document 76 Filed 12/18/17 Page 1 of 43 PageID #: <pageID> CoreCivic’s federal clients, including the Federal Bureau of Prisons (“BOP”) and Immigration and Customs Enforcement, accounted for between 43% and 51% of the company’s annual revenue.
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