{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-118166","form_type":"8-K","ticker":"GEO","cik":"0000923796","company_name":"GEO GROUP INC","filed_at":"2024-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.507205+00:00","generated_at":"2026-06-03T07:07:51.176265+00:00","sec_items":["7.01","9.01"],"event_type":"litigation","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"GEO Group settles shareholder derivative lawsuit; adopts corporate governance reforms, hearing set for Aug 28","bullets":["Settlement of Zhang v. Zoley derivative action; no monetary payment to shareholders; plaintiff's counsel seeks up to $2.5M in fees (contested).","Court hearing for final approval on August 28, 2024; shareholder objections due by August 7, 2024.","Geo will create a separate Chief Compliance Officer role, adopt charters for Legal Steering and Disclosure Committees.","For two years, independent director vacancies must be filled using an independent search firm.","Defendants deny all wrongdoing; settlement resolves litigation to avoid further expense and uncertainty."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-118166","json":"https://secwatch.observer/filing/0001193125-24-118166.json","markdown":"https://secwatch.observer/filing/0001193125-24-118166.md","text":"https://secwatch.observer/filing/0001193125-24-118166.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/923796/000119312524118166/0001193125-24-118166-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/923796/000119312524118166/d792716d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T07:07:51.176265+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}