Welcome to the SCANA Securities Litigation Settlement Website

PLEASE NOTE: By Order of the Court, the date and time of the Settlement Fairness Hearing, originally scheduled for June 17, 2020 at 2:00 p.m., has changed. The Settlement Fairness Hearing before the Honorable Margaret B. Seymour has been rescheduled for July 9, 2020 at 10:30 a.m., and will be held by video/telephone conference only. Members of the public may listen to the hearing by following the instructions available here. If you would like to speak at the hearing, please call Lead Counsel at 888-219-6877 or 800-380-8496.

Given the date change, objections and requests for exclusion received on or before June 18, 2020 will be considered.


The information contained on this website is only a summary of information presented in more detail in the NOTICE OF (I) PENDENCY OF CLASS ACTION AND PROPOSED SETTLEMENT; (II) SETTLEMENT FAIRNESS HEARING; AND (III) MOTION FOR AN AWARD OF ATTORNEYS’ FEES AND LITIGATION EXPENSES. Because this website provides just a summary, you should review the Notice for additional details.

The Court-appointed Lead Plaintiffs, West Virginia Investment Management Board, Stichting Blue Sky Global Equity Active Low Volatility Fund, and Stichting Blue Sky Active Large Cap Equity USA Fund, on behalf of themselves and the Settlement Class, have reached a proposed settlement for $192,500,000, with $160,000,000 being paid in cash and $32,500,000 being paid in cash or shares of freely-tradable Dominion Energy, Inc. (“Dominion Energy”) common stock (the “Settlement”), at the option of SCANA Corporation (“SCANA” or the “Company”). (If Dominion Energy shares are part of the Settlement consideration, they may be sold and converted into cash before distribution to eligible claimants.)

The proposed Settlement would resolve claims in a pending securities class action brought by investors alleging, among other things, that defendants SCANA, Kevin B. Marsh, Jimmy E. Addison, Stephen A. Byrne, Harold C. Stowe, D. Maybank Haygood, and James W. Roquemore (collectively, “Defendants”) violated the federal securities laws by making false and misleading statements regarding SCANA’s business.

If you are a member of the Settlement Class, your rights will be affected and you may be eligible for a payment from the Settlement. The Settlement Class consists of:

All persons and entities who or which, purchased or otherwise acquired publicly traded SCANA common stock (NYSE ticker symbol: SCG), during the period from October 27, 2015 through December 20, 2017, inclusive (the "Class Period"), and were damaged thereby, except for certain persons and entities who are excluded from the Settlement Class by definition.

Please read the Notice to fully understand your rights and options.

If you are a member of the Settlement Class, in order to be potentially eligible to receive a payment from the Settlement, you must submit a Claim Form postmarked or submitted electronically no later than July 25, 2020.

Payments to eligible claimants will be made only if the Court approves the Settlement and a plan of allocation, and after any appeals are resolved, and after the completion of all claims processing. Please be patient, as this process will take some time to complete.


Important Dates and Deadlines:
JULY 25, 2020
CLAIM FILING DEADLINE
To be eligible to receive a payment from the Settlement, you must mail the Claim Form and supporting documentation, postmarked no later than July 25, 2020, or submit it electronically no later than July 25, 2020 in accordance with the instructions in the Notice and Claim Form.
MAY 27, 2020
EXCLUSION DEADLINE
To exclude yourself from the Settlement Class, you must submit a written request for exclusion so that it is received no later than May 27, 2020, in accordance with the instructions in the Notice.
MAY 27, 2020
OBJECTION DEADLINE
Any objections to the proposed Settlement, the proposed Plan of Allocation for the proceeds of the Settlement, or the request for attorneys’ fees and payment of Litigation Expenses, must be received no later than May 27, 2020, in accordance with the instructions in the Notice.
JULY 9, 2020 at 10:30 a.m.
SETTLEMENT FAIRNESS HEARING

The Settlement Fairness Hearing will be held on July 9, 2020 at 10:30 a.m. before the Honorable Margaret B. Seymour at the United States District Court for the District of South Carolina. The Settlement Fairness Hearing will be held by video/telephone conference only. Members of the public may listen to the hearing by following the instructions available here. If you would like to speak at the hearing, please call Lead Counsel at 888-219-6877 or 800-380-8496.


If you have questions, please call 1-833-947-1420 or email info@SCANASecuritiesLitigation.com.


PLEASE CONTINUE TO CHECK THIS WEBSITE FOR UPDATES.