Gordon Ball LLC Announces Class Action Lawsuit Filed against Deloitte, LLP Regarding Audit Failures of SCANA Corp. Financial ...
November 26 2019 - 11:22AM
Business Wire
The law firm of Gordon Ball LLC (www.gordonball.com) announces that it has filed a
class action lawsuit on behalf of persons who purchased SCANA
Corporation (SCANA) (NYSE: SCG) common stock.
The case, Floyd, et al, v. Deloitte, 3:19-cv-03304-MBS, is
pending in the United States District Court of South Carolina,
Columbia Division. The class action is brought against Deloitte,
LLP and Deloitte & Touche, LLP who have been SCANA and South
Carolina Electric and Gas, Inc. outside auditors since 1945.
The complaint alleges that Deloitte violated Section 10b of the
Securities Exchange Act including SEC rule 10b-5 regarding SCANA
financial condition and/or concealing material adverse omissions
from investors about the true status of its investment in the VC
Summer Nuclear Construction Project in Fairfield County, South
Carolina.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member. If you purchased or otherwise acquired common shares of
SCANA, you may, no later than January 24, 2020, request that the
Court appoint you as lead plaintiff. A lead plaintiff is a
representative party acting on behalf of other class members in
directing the litigation. To be appointed lead plaintiff, the Court
must decide that your claim is typical of the claims of other class
members, and that you will adequately represent the class. Your
ability to share in any recovery is not affected by the decision
whether or not to serve as a lead plaintiff. You may retain Gordon
Ball LLC, or other attorneys, to serve as your counsel.
If you wish to discuss your rights, please contact Gordon Ball
LLC at (865) 525-7028. A copy of this complaint is available on our
website www.gordonball.com. To discuss
this case with us, please contact:
Gordon Ball (gball@gordonball.com)
7001 Old Kent Drive Knoxville, TN 37919
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version on businesswire.com: https://www.businesswire.com/news/home/20191126005635/en/
Gordon Ball LLC Gordon Ball, (865) 525-7028 gball@gordonball.com
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