Microsoft Word - 2019.03.19 - Platinum Equity - Securus Commitment
Summary
The Private Equity Stakeholder Project, alongside other advocacy groups, demands that Platinum Equity exit its investment in Securus Technologies by the end of 2020 and implement comprehensive operational reforms. These demands include capping costs for telephone and video calls, reducing fees for money transfers and electronic monitoring, and restricting the use and sale of voice biometrics data.
Key insights
- The Private Equity Stakeholder Project and its partners demand that Platinum Equity contractually commit to three primary actions: avoiding future investments in correctional assets, implementing specific operational reforms for Securus, and exiting the Securus investment by the end of 2020.
- Proposed operational reforms for telephone and video services include providing free calls to juveniles, capping 15-minute phone calls at $0.75, capping 30-minute video calls at $5.00, and ensuring at least one free internet video call per week for incarcerated people.
- The mandate calls for reforms to JPay services, specifically capping money transfer and parole/probation processing fees at 3%, capping email stamps at $0.15, and eliminating most fees for debit release cards except for international currency conversion and a $2.00 monthly charge after the first month.
- Regarding data and surveillance, the document demands a commitment to never sell voice print data to law enforcement, to erase voice print data for released individuals, and to cap the cost of electronic monitoring at $5.00 per month when paid by the monitored person.
Cite the original document
- APA
- Tylek, B. (n.d.). Microsoft Word - 2019.03.19 - Platinum Equity - Securus Commitment. Private Equity Stakeholder Project. https://pestakeholder.org/wp-content/uploads/2019/03/2019.03.19-Platinum-Equity-Securus-Commitment.pdf
- Chicago
- Tylek, Bianca. Microsoft Word - 2019.03.19 - Platinum Equity - Securus Commitment. Private Equity Stakeholder Project, n.d. https://pestakeholder.org/wp-content/uploads/2019/03/2019.03.19-Platinum-Equity-Securus-Commitment.pdf.
- Wikipedia
- {{cite press release |last1=Tylek |first1=Bianca |title=Microsoft Word - 2019.03.19 - Platinum Equity - Securus Commitment |publisher=Private Equity Stakeholder Project |url=https://pestakeholder.org/wp-content/uploads/2019/03/2019.03.19-Platinum-Equity-Securus-Commitment.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{tylekndmicrosoft, author = {Tylek, Bianca}, title = {{Microsoft Word - 2019.03.19 - Platinum Equity - Securus Commitment}}, publisher = {Private Equity Stakeholder Project}, url = {https://pestakeholder.org/wp-content/uploads/2019/03/2019.03.19-Platinum-Equity-Securus-Commitment.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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