LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) reminds investors of the March 24, 2017 deadline to file a lead plaintiff motion in the class action filed on behalf of a class (the “Class”) of investors who purchased The Southern Company (“Southern” or the “Company”) (NYSE: SO) securities between April 25, 2012 and October 29, 2013, inclusive (the “Class Period”). Southern investors have until March 24, 2017 to file a lead plaintiff motion.
Southern, together with its subsidiaries, engages in the generation, transmission and distribution of electricity through coal, nuclear, oil and gas and hydro resources in the states of Alabama, Georgia, Florida and Mississippi.
According to the complaint filed in this class action lawsuit, throughout the Class Period Southern made false and misleading statements and/or failed to disclose adverse information regarding the progress of the Kemper Plant, assuring investors that the project would be completed by the critical May 2014 deadline, even when cost overruns and other delays began to materialize.
If you purchased or otherwise acquired Southern securities during the Class Period you may move the Court no later than March 24, 2017 to request appointment as lead plaintiff. To be a member of the class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to firstname.lastname@example.org, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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