Press release
Investigation for Long-Term Investors in shares of SCANA Corporation (NYSE: SCG) announced
An investigation was announced for investors in shares of SCANA Corporation (NYSE: SCG) concerning potential breaches of fiduciary duties.Investors who are current long term investors in SCANA Corporation (NYSE: SCG) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NYSE: SCG stocks follows a lawsuit filed against SCANA Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: SCG stocks, concerns whether certain directors are liable in connection with the allegations made in that lawsuit.
According to the complaint the plaintiff alleges on behalf of purchasers of SCANA Corporation (NYSE: SCG) common shares, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that Deloitte, LLP violated Section 10b of the Securities Exchange Act including SEC rule 10b-5 regarding SCANA financial condition and/or concealing material adverse omissions from investors about the true status of its investment in the VC Summer Nuclear Construction Project in Fairfield County, South Carolina.
Those who purchased shares of SCANA Corporation (NYSE: SCG) have certain options and should contact the Shareholders Foundation.
Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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