Lifshitz Law Firm Announces Investigation of Corrections Corporation of America, Edwards Lifesciences Corporation, Mac-Gray Corporation and Unilife Corporation

NEW YORK, Oct. 15, 2013 /PRNewswire/ --

Corrections Corporation of America

Lifshitz Law Firm announces an investigation into possible breaches of fiduciary duty by the directors of Corrections Corporation of America (the "Company") (NYSE: CXW).  Specifically, a federal judge found the Company in contempt of court for persistently understaffing an Idaho prison in direct violation of a legal settlement.  The judge also rejected the Company's contention that the former warden and other company officials didn't know about the understaffing, saying that they had been warned of the staffing problems multiple times and at the very least failed to check it out.

The firm is investigating legal claims against the officers and Board of Directors of the Company.

For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: [email protected].

Edwards Lifesciences Corporation

Lifshitz Law Firm announces that a class action suit was filed in the United States District Court for the Central District of California, alleging that Edwards Lifesciences Corporation (the "Company") (NYSE: EW), issued false and misleading statements to investors between April 25, 2012 and April 23, 2013, inclusive.  Specifically, the Complaint alleges that: (1) the adoption of SAPIEN was weaker than the Company claimed, due to concerns among physicians over the risks and complexity of the procedure for implanting the valve; and (2) the Company's outlook for sales and earnings per share ("EPS") was significantly weaker than the optimistic guidance defendants offered to investors.

For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: [email protected].

Mac-Gray Corporation

Lifshitz Law Firm announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Mac-Gray Corporation (NYSE: TUC) to CSC ServiceWorks, Inc. in a cash transaction valued at approximately $524 million or $21.25 per share.

Lifshitz Law Firm's investigation is focused on whether the proposed deal provides adequate value to TUC shareholders.

For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: [email protected].

Unilife Corporation

Lifshitz Law Firm announces an investigation into possible breaches of fiduciary duty by the directors of Unilife Corporation (the "Company") (NASDAQ: UNIS).  Specifically, on September 4, 2013, an article in Forbes suggested that the Company's financial statements may not be truthful.  On September 9, 2013, a former employee of the Company filed a whistleblower lawsuit claiming that the Company has violated federal securities laws.

The firm is investigating legal claims against the officers and Board of Directors of the Company.

For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: [email protected].

Lifshitz Law Firm is a New York based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions.  For more information about the firm, please visit our website at www.jlclasslaw.com.

ATTORNEY ADVERTISING. © 2013 Lifshitz Law Firm.  The law firm responsible for this advertisement is Lifshitz Law Firm, 18 East 41^st Street, New York, New York 10017, (212) 213-6222.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact:

Joshua M. Lifshitz, Esq.
Lifshitz Law Firm
Phone:   212-213-6222
Email: [email protected]

SOURCE Lifshitz Law Firm