SO ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of April 25, 2022 in the Class Action Filed on Behalf of The Southern Company Shareholders
NEW YORK, March 4, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of The Southern Company (NYSE: SO) ("Southern" of the "Company") alleging that the Company's auditor violated federal securities laws.
This lawsuit is on behalf of a class consisting of all persons and entities who purchased, acquired, or otherwise held or sold, the publicly traded securities of Southern between May 10, 2013 to February 20, 2020, inclusive.
Lead Plaintiff Deadline: April 25, 2022
No obligation or cost to you.
Learn more about your recoverable losses in SO:
https://www.kleinstocklaw.com/pslra-1/the-southern-company-loss-submission-form
The Southern Company NEWS – SO NEWS
CLASS ACTION CASE DETAILS: The lawsuit alleges that Deloitte & Touche, LLP made false and/or materially misleading statements in connection with its audit of The Southern Company's financial statements and, in particular, its "clean coal" electric power plant in Kemper, Mississippi. Between May 10, 2013 and February 20, 2020 (the "Class Period"), Deloitte intentionally and recklessly violated its professional responsibilities as Southern's professional auditor and deceived investors about Southern's accounting for and expected completion of the Kemper Plant. Deloitte's untrue statements and omissions of material facts concerning the Kemper Plant operated as a fraud and deceit upon plaintiff and others similarly situated in connection with their purchases and value of Southern securities during the Class Period.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in The Southern Company you have until April 25, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Southern securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the SO lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/the-southern-company-loss-submission-form
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
[email protected]
Telephone: (212) 616-4899
www.kleinstocklaw.com
SOURCE The Klein Law Firm
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