Bernstein Liebhard LLP Investigates Claims On Behalf Of Shareholders Of Scana Corporation

NEW YORK, Oct. 31, 2017 /PRNewswire/ -- Bernstein Liebhard LLP is investigating whether the Board of Directors of Scana Corporation ("Scana" or the "Company") (NYSE: SCG) breached their fiduciary duties to the Company's shareholders.

Scana is a holding company for its subsidiary South Carolina Electric & Gas Co. ("SCE&G"), which sells electricity and natural gas.  On July 31, 2017, SCE&G and Santee Cooper, South Carolina's state-owned electric and water utility, announced that they would abandon construction of two nuclear power plants in South Carolina.

Bernstein Liebhard is investigating allegations that SCE&G overcharged its customers by raising their rates to pay in advance for the construction of the company's subsequently abandoned nuclear plants.

Scana announced today that Kevin Marsh is retiring as chairman and CEO of Scana and SCE&G at the end of the year.

If you currently own Scana shares and are interested in discussing your rights, please contact Joseph R. Seidman, Jr. at (877) 779-1414 or [email protected].

Bernstein Liebhard LLP has pursued hundreds of securities, consumer, and shareholder rights cases and recovered over $3.5 billion for its clients.  The Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times.

ATTORNEY ADVERTISING. © 2017 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information
Joseph R. Seidman, Jr.
Bernstein Liebhard LLP
http://www.bernlieb.com
(212) 779-1414
[email protected]

SOURCE Bernstein Liebhard LLP

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