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Investigation announced for NASDAQ: EXC Investors over possible Wrongdoing at Exelon Corporation (NASDAQ: EXC)

04-07-2020 01:59 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Exelon Corporation (NASDAQ: EXC) shares.

An investigation on behalf of current long term investors in Exelon Corporation (NASDAQ: EXC) shares.

An investigation on behalf of current long-term investors in shares of Exelon Corporation (NASDAQ: EXC) concerning potential breaches of fiduciary duties by certain directors and officers of Exelon Corporation was announced.

Investors who are current long term investors in Exelon Corporation (NASDAQ: EXC) 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 NASDAQ: EXC stocks follows a lawsuit filed against Exelon Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: EXC stocks, concerns whether certain Exelon directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Northern District of Illinois the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that Exelon and/or its employees were engaged in unlawful lobbying activities, that the foregoing increased the risk of a criminal investigation into Exelon, that ComEd's revenues were in part the product of unlawful conduct and thus unsustainable, and that, as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Exelon Corporation (NASDAQ: EXC) 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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