SCANA Investigation

Squitieri & Fearon, LLP is investigating potential claims on behalf of shareholders of SCANA Corporation (“SCANA” (NYSE Ticker Symbol “SCG”).

This investigation concerns the SCANA announcement that it may not resume construction on two nuclear power plants in South Carolina.  SCANA had previously sought rate increases tied to the costs of construction of the nuclear plants.  Those rate increases allowed executives to earn substantial extra compensation even though officers knew or should have known that the construction on the reactors was experiencing material delays that threatened the viability of the project.

When the risks were exposed and SCANA made its announcement, SCANA stock price eventually fell approximately 15% to under $50 per share for the first time in approximately 3 years.

If you wish to receive more information on this investigation and join a shareholders suit to recover losses, please contact Lee Squitieri, Esq. by e-mail at lee@sfclasslaw.com or by phone at (212) 421-6492.

You can also complete the following form, and someone from the firm will contact you.


SCANA Investigation

    Any information that you submit will be maintained as confidential. If Squitieri & Fearon, LLP, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Squitieri & Fearon, LLP will contact you to discuss the matter and whether to establish an attorney client relationship.