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Allegations
The filed complaint alleges that NextEra Energy, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Florida Power and Light Company’s surreptitious orchestration of political misconduct exposed NEE to substantial legal and reputational risk; and (2) in light of the above, defendant’s positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.