Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

SCANA CORP (SCG) Class Action Lawsuit (September 2017)

Closed

3:17cv2616 • September 27, 2017

Class Period Start

October 27, 2015

Class Period End

March 20, 2018

PSLRA Deadline

November 26, 2017

Case Allegations

10b5

Statutes of Repose

Oct 27, 2018

Country

United States

Court

Federal Court

Settlement Information

Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.

Claim Deadline

July 9, 2020

Settlement Fund

$192,500,000

Settlement Status

Disbursed

Settlement Class

All persons or entities that purchase during the period from October 27, 2015 through December 20, 2017, inclusive

Claim Administrator

Epiq
SCANA Securities Litigation c/o Epiq P.O. Box 4850 Portland, OR 97208-4850
+1 833-947-1420
[email protected]

Hearing Date

June 17, 2020

Opt-out Deadline

May 27, 2020

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Jul 14, 2021

Disbursement Approved

The court has approved the distribution of settlement funds to eligible class members. Investors with approved claims may receive payments from the settlement. If you have questions about your claim or payment, contact the claims administrator.

Jul 23, 2020

Final Approval of Settlement

The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.

Mar 25, 2020

Proof of Claim Form

To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.

Feb 11, 2020

Preliminary Approval of Settlement

The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.

Nov 22, 2019

Additional Complaint

Another plaintiff has filed a complaint on behalf of investors in SCANA CORP. The allegations and class definitions are substantively the same.

Aug 13, 2019

Scheduling Order

Jun 28, 2019

Motion for Class Certification

The plaintiffs have asked the court to approve the lawsuit to proceed as a class action on behalf of a group of investors. The judge will decide whether the case meets the requirements for class certification and which investors and claims may be included.

Jun 6, 2019

Scheduling Order

Mar 29, 2019

Motion to Dismiss Denied

The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.

Jun 4, 2018

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Jun 4, 2018

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Jun 4, 2018

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Mar 30, 2018

First Amended Complaint

A new complaint has been filed on behalf of certain investors in SCANA CORP. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Jan 23, 2018

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Sep 27, 2017

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in SCANA CORP.

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