2020.04.02 - Platinum - Letter vFINAL
Summary
The Private Equity Stakeholder Project and other organizations demand that Platinum Equity direct its portfolio company, Aventiv Technologies, to provide free communication and monitoring services to incarcerated people and their families during the COVID-19 pandemic to prevent further exploitation and health risks.
Key insights
- The authors argue that Securus, a subsidiary of Aventiv, employs predatory pricing for phone calls, charging up to $25 for 15 minutes, which forces families to choose between basic necessities like rent or gas and maintaining contact with incarcerated loved ones.
- The letter claims that JPay exploits incarcerated populations by charging for emails and payment processing, and that its limited offering of free email stamps during the pandemic is insufficient.
- The document asserts that Satellite Tracking of People (STOP) charges up to $16 per day for electronic monitoring and may encourage law enforcement to use these monitors for people released to curb COVID-19 spread, potentially returning people to prison if they cannot pay.
- The authors demand that Platinum Equity mandate its subsidiaries to provide unlimited free phone calls, video calls, and emails, waive related fees and deposit limits, and cease lobbying for electronic monitoring.
Cite the original document
- APA
- Private Equity Stakeholder Project (2020). 2020.04.02 - Platinum - Letter vFINAL. https://pestakeholder.org/wp-content/uploads/2020/04/Letter-to-Platinum-Equity-re-Aventiv-COVID-19.pdf
- Chicago
- Private Equity Stakeholder Project. 2020.04.02 - Platinum - Letter vFINAL. 2020. https://pestakeholder.org/wp-content/uploads/2020/04/Letter-to-Platinum-Equity-re-Aventiv-COVID-19.pdf.
- Wikipedia
- {{cite press release |author=Private Equity Stakeholder Project |title=2020.04.02 - Platinum - Letter vFINAL |date=6 April 2020 |url=https://pestakeholder.org/wp-content/uploads/2020/04/Letter-to-Platinum-Equity-re-Aventiv-COVID-19.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{privateequitystakeholderproject202020200402, author = {{Private Equity Stakeholder Project}}, title = {{2020.04.02 - Platinum - Letter vFINAL}}, publisher = {Private Equity Stakeholder Project}, year = {2020}, month = apr, url = {https://pestakeholder.org/wp-content/uploads/2020/04/Letter-to-Platinum-Equity-re-Aventiv-COVID-19.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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