District Court Approval Of SEC Settlement With Energy Company Sought

Mealey's (December 4, 2020, 2:32 PM EST) -- COLUMBIA, S.C. — The Securities and Exchange Commission on Dec. 3 asked a federal judge in South Carolina to grant final judgment of a proposed settlement in a proposed in a securities fraud lawsuit against energy provider SCANA Corp. and its subsidiary for allegedly issuing misrepresentations in violation of federal securities laws regarding a planned expansion of a nuclear power plant that was later abandoned (United State Securities and Exchange Commission v. SCANA Corp., et al., No. 20-882, D. S.C.)....