founded by James F. Slattery in 1987. It was located in Sarasota, Florida, USA, and traded on the NASDAQ (NASDAQ NMS:CSCQ). It had been a corporation specializing in the privatization of correctional facilities for federal, state, and local agencies housing adults, juvenile, and Department Of Homeland Security prisoners.
Correctional Services Corp. received a $300,000 fine for buying votes in the state legislature, issued by the New York State Lobbying Commission
In 2005, CSC was sold to GEO Group for $62.1 million. GEO then divested the youth portion of the enterprise, Youth Services International (YSI), back to its principals. According to a 2013 HuffPost investigation, inmates held in facilities run by YSI "have frequently faced beatings, neglect, sexual abuse and unsanitary food over the past two decades."
Due to audits findings of overcharges and reports of continuing abuse, the State of Florida cancelled its existing contracts with YSI, the remaining functional operation of CSC. The corporation was required to reimburse the state for $2,000,000 in overcharges.