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Home>SCG INVESTOR ALERT: Law Offices of Howard G. Smith Commences Investigation on Behalf of SCANA Corporation Investors

SCG INVESTOR ALERT: Law Offices of Howard G. Smith Commences Investigation on Behalf of SCANA Corporation Investors

SCG INVESTOR ALERT: Law Offices of Howard G. Smith Commences Investigation on Behalf of SCANA Corporation Investors

09/29/2017

SCG INVESTOR ALERT: Law Offices of Howard G. Smith Commences Investigation on Behalf of SCANA Corporation Investors

Law Offices of Howard G. Smith announces an investigation on behalf of SCANA Corporation (“SCANA” or the “Company”) (NYSE: SCG) investors concerning the Company and its officers’ possible violations of federal securities laws.

On July 31, 2017, SCANA’s subsidiary South Carolina Electric & Gas Co. ("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, citing rising construction costs. Then on August 11, 2017, The Post and Courier of Charleston reported that Kevin Marsh, SCANA’s Chairman and CEO, had advised state lawmakers that SCE&G might not resume construction on the nuclear power plants even if a new partner for the project was found.

Then, on September 27, 2017 SCANA’s shares fell over 7% to close at $51.22 on news that state utility regulators may suspend previously approved SCANA rate increases, and also news that federal and state regulators are investigating the Company’s handling of the construction of the nuclear reactors.

If you purchased SCANA securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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