Class Actions from Mode

Deloitte-Scana $34M Securities Settlement

If you bought Scana Corp. (NYSE: SCG) stock between February 26, 2016, and December 20, 2017, you may be eligible for a cash payment from a $34 million class action settlement. This is your quick guide to what you need to know and how to act.

Why This Lawsuit Happened?

Investors filed a lawsuit against Deloitte & Touche LLP and Deloitte LLP, claiming they made false or misleading statements in Scana audits, which allegedly inflated Scana’s stock price.

Deloitte denied wrongdoing but agreed to settle for $34 million to avoid further litigation risks and costs.

Who Qualifies?

You may be eligible if you:

  • Bought or acquired Scana common stock during the class period: Feb. 26, 2016 – Dec. 20, 2017
  • Suffered financial harm from these purchases

Additional eligibility notes:

  • Both individuals and entities can claim.
  • Beneficial owners holding shares through brokers are eligible.
  • Executors, guardians, or trustees may file on behalf of others, accompanied by documentation.
  • ERISA plan participants cannot file for plan-related transactions—only plan trustees can.

How Much You Can Get?

The total settlement fund is $34,000,000. Your payment depends on:

  • Number of valid claims
  • Number of shares purchased
  • Timing of purchases and sales
  • Total recognized losses

Estimated average recovery:

  • Before fees/expenses: ~$0.24 per share
  • After estimated fees/expenses: ~$0.12 per share

Note: Payments below $10 won’t be issued, and all distributions are pro rata.

Your Options at a Glance

OptionDeadlineWhat It Means
File a ClaimApril 16, 2026Get your share of the settlement fund.
Opt-OutFebruary 5, 2026Exclude yourself if you want to keep your right to sue separately.
ObjectFebruary 5, 2026Challenge the settlement or the plan of allocation.
Do NothingN/ARemain in the class but get no payout unless you file a claim.

How to File Your Claim?

You can file online or mail a PDF claim form.

What you need:

  • Last 4 digits of your SSN or full TIN
  • Trade details: dates, shares, total purchase/sale price
  • Proof of ownership (broker statements, trade confirmations, or broker letters)

Mailing Address:
Deloitte Scana Securities Litigation
c/o Epiq
P.O. Box 2299
Portland, OR 97208

Claim deadline: April 16, 2026

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Filing Settlement Claims

Important: If you do not qualify for this settlement, do not submit a claim.
Submitting false or misleading information will result in your claim being rejected and may carry legal consequences for perjury. Dishonest claims also take away from Class Members who are rightfully entitled to settlement benefits.
If you’re unsure about your eligibility, visit the official Settlement Administrator’s website and review their FAQ. (Note: modeclassactionsdaily.com is an informational resource only and is not affiliated with any class action administrator.)Don’t qualify for this one? Browse our database of other open settlements you may be eligible to join.