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16.11.2017 13:10
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SHAREHOLDER ALERT: Hynes Keller & Hernandez, LLC Announces Investigation of SCANA Corporation (SCG)
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PR Newswire
NEW YORK, Nov. 16, 2017
NEW YORK, Nov. 16, 2017 /PRNewswire/ -- Hynes Keller & Hernandez, LLC is investigating potential claims against the Board of Directors of SCANA Corporation ("SCANA" or the "Company") (NYSE: SCG) concerning possible breaches of fiduciary duty arising from allegations that certain officers and directors of SCANA made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, SCANA is alleged to have issued materially false and/or misleading statements and/or failed to disclose material information concerning the progress, cost and completion schedule of the multi-billion dollar nuclear construction project at V.C. Summer Nuclear Station ("Nuclear Project").
On July 31, 2017, SCANA announced that it would abandon construction of the Nuclear Project because of cost overruns and delays. Then, on August 4, 2017, the South Carolina Attorney General announced the opening of an investigation into SCANA's abandonment of the Nuclear Project and on September 22, 2017, the South Carolina Attorney General requested that the State Law Enforcement Division launch a criminal investigation.
Click here for more information about our investigation of SCG: https://www.hkh-lawfirm.com/investigations-cases/scana-corporation-scg/
Hynes Keller & Hernandez, LLC is a shareholder rights law firm that represents institutional and individual investors. The firm is focused on providing exemplary legal services in the area of shareholder litigation. The firm has an experienced litigation team which has achieved significant victories on behalf of the firm's clients. You can visit our website at www.hkh-lawfirm.com for more information. Attorney advertising. Prior results do not guarantee similar outcomes.
If you hold shares in SCG and would like to obtain additional information about your legal rights and protect your investment, please visit our website at https://www.hkh-lawfirm.com/investigations-cases/scana-corporation-scg/ or contact the attorneys below. There is no cost or obligation to you.
| Contact: | |
| | |
| Hynes Keller & Hernandez, LLC | Hynes Keller & Hernandez, LLC |
| Michael J. Hynes, Esq. | Beth A. Keller, Esq. |
| 101 Lindenwood Drive, Suite 225 | 118 North Bedford Road, Suite 100 |
| Malvern, PA 19355 | Mount Kisco, NY 10549 |
| Telephone: (484) 875-3116 | Telephone: (914) 752-3040 |
| Email: lhernandez@hkh-lawfirm.com | Email: bkeller@hkh-lawfirm.com |
View original content:http://www.prnewswire.com/news-releases/shareholder-alert-hynes-keller--hernandez-llc-announces-investigation-of-scana-corporation-scg-300556814.html
SOURCE Hynes Keller & Hernandez, LLC
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