Exelon Corporation
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | Exelon Corporation |
Stock Symbol : | NASDAQ: EXC |
Class Period Start: | 02/09/2019 |
Class Period End: | 11/01/2019 |
Lead Plaintiff motion: | 02/14/2020 |
Date Filed: | 12/13/2019 |
Type of Case: | Securities Class Action |
Court: | U.S. District Court for the Northern District of Illinois |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the February 14, 2020 lead plaintiff deadline in a class action lawsuit filed against Exelon Corporation (NASDAQ: EXC) (“Exelon” or “the Company”). The suit is pending in the U.S. District Court for the Northern District of Illinois and investors, who purchased Exelon Corporation securities between February 9, 2019 and November 1, 2019, have until February 14, 2020 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class. If you purchased Exelon Corporation securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class. The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Exelon and/or its employees were engaged in unlawful lobbying activities; the foregoing increased the risk of a criminal investigation into Exelon; Exelon’s subsidiary, Commonwealth Edison, had revenues that were in part the product of unlawful conduct and thus unsustainable; and as a result, Exelon’s public statements were materially false and misleading at all relevant times. On October 31, 2019, the Company revealed that the U.S. Securities and Exchange Commission had opened an investigation into the Company's lobbying activities. Following this news, NASDAQ: EXC fell $1.17, or 2.51%, to close at $45.49 per share on October 31, 2019. If you were negatively impacted by your investment in Exelon Corporation securities between February 9, 2019 and November 1, 2019 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation. Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Materials are provided for informational purposes only and do not constitute legal advice. We are only licensed to practice law in Germany. We are neither licensed nor qualified to render advice on US Federal or State law. Thieler Law Corp 2534 State Street - Suite 406, San Diego, CA 92101 by email: mail@thielerlaw.com or telephone at +1 (619) 377 - 4324 or visit our website http://www.thielerlaw.com/ or Facsimile: +1 (619) 785 – 3185 |