SCANA (SCG) Investor Settlement

The parties have reached an agreement to settle the case, but the terms are still being finalized.

D. South Carolina

Court

3:19-cv-03304

Case number

02/16/2016

Class period Start

12/20/2020

Class period End

SCANA has reached a tentative settlement with $SCG investors to resolve claims that it misled the public about the feasibility and progress of its nuclear expansion project in South Carolina.

Case Status

Tentative Settlement

Alleged Offence

Malpractice,

Negligence,

Omissions

Suspected Party

Directors,

Management

Security Type

Plans (Investment, Pension, Insuranse)

Trade Direction

Long

Filing date

11/22/2019

Plaintiffs

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 98 PENSION FUND

Attorneys

Tinkler Law Firm LLC; Cohen Milstein Sellers & Toll PLLC; Gordon Ball PLLC

Judge

Jacquelyn D Austin

Trades matching type

FIFO

Frequently Asked Questions

Who is eligible for this settlement?

Do I have to sell securities to be eligible?

How long does the payout process take?

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