Investor Class Action Filed Against SCANA Corporation for Securities Fraud Violations
Company Name: SCANA Corporation
Court: United States District Court for the District of South Carolina
Case Number: 17-cv-02616
Judge: The Hon. Margaret B. Seymour
Class period: Between October 27, 2015- December 20, 2017
Security Type: Common stock

Case Background:

On September 27, 2017, the initial complaint in this securities class action was filed against SCANA Corporation (“SCANA”), and certain of SCANA’s directors and officers, asserting violations of sections 10(b) and 20(a) of the Securities Exchange Act.  Lead Plaintiffs allege that defendants made a series of alleged misstatements and omissions during the class period regarding the progress and oversight of the Nuclear Project, and that the class suffered damages when the truth regarding the Nuclear Project was publicly disclosed.

Current Status of Case:

On December 20, 2019, the Parties entered into an agreement to settle this matter for $192,500,000, with $160,000,000 being paid in cash and $32,500,000 being paid in cash or shares of freely-tradeable Dominion Energy, Inc.  On July 23, 2020, the Court entered an Order and Opinion approving the Settlement.

If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.

Kessler Topaz Meltzer & Check, LLP
James Maro, Esq. or Adrienne Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087 
1-844-887-9500 (toll free) or 1-610-667-7706 
Or by e-mail at

Please complete this form and list your purchase and sale transaction(s) for SCANA Corporation (NYSE: SCG) common stock between October 27, 2015 and December 20, 2017, both dates inclusive (the “Class Period”):

You may also contact James Maro, Jr., Esq. or Adrienne Bell, Esq. at 610.667.7706 or toll free at 844.887.9500, or you may submit your information via email at or you may click here to print a PDF of this form.

* Denotes required field
# of Shares
Price per Share
Principal Amount
Amount Paid
Series or CUSIP
# of Contracts
Price per Contract
Exercise Price
Expiration Date
Did you purchase shares of SCANA Corporation (2017) prior to the Class Period?
Are you a current or former employee of SCANA Corporation (2017)?
The submission of this form does not create an attorney-client relationship, nor an obligation on the part of Kessler Topaz or you to file a lead plaintiff motion in this matter. Any information you submit will be maintained as confidential. If Kessler Topaz, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Kessler Topaz will contact you to discuss the matter and whether to establish an attorney client relationship. By signing this form you are authorizing us to contact you regarding this case and/or future cases.
I agree to the KTMC
I would like to receive
new case alerts by email