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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Southern Co | NYSE:SO | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.235 | 0.31% | 75.565 | 75.98 | 74.91 | 75.85 | 1,717,405 | 18:30:53 |
NEW YORK, Jan. 30, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of The Southern Company (the "Company") (NYSE: SO) concerning whether the board has breached its fiduciary duties to shareholders.
An article published in The Wall Street Journal on May 14, 2016 reported that the U.S. Securities and Exchange Commission is investigating Southern Company's financial controls and disclosures. The article also reported that a whistleblower alleges that the company's public disclosures were baselessly positive. A securities class action lawsuit has been filed against the Company in the U.S. District Court for the Northern District of Georgia in connection with the foregoing.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own Southern Company shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/harwood-feffer-llp-announces-investigation-of-the-southern-company-300399017.html
SOURCE Harwood Feffer LLP
Copyright 2017 PR Newswire
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