 BRENTWOOD, Tenn., April 16, 2021 GLOBE NEWSWIRE -- CoreCivic, Inc. NYSE: CXW CoreCivic announced today that it has reached an agreement in principle to settle a purported securities class action lawsuit filed on August 23, 2016, against CoreCivic and certain of its current and former officers in the United States District Court for the Middle District of Tennessee, captioned Grae v. Corrections Corporation of America et al.. The lawsuit was filed after the companys stock price declined following issuance of an August 18, 2016 memorandum from the Department of Justice instructing the Federal Bureau of Prisons BOP to reduce and ultimately end the use of privately operated prisons. 