By Jerry Bellune
JerryBellune@yahoo.com
A US Supreme Court ruling may help investors recover millions from a nuclear fraud.
The court ruled this week that the Securities …
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By Jerry BelluneJerryBellune@yahoo.comA US Supreme Court ruling may help investors recover millions from a nuclear fraud.The court ruled this week that the Securities & Exchange Commission can obtain court orders to recoup ill-gotten gains from those who violate federal securities lawsSCANA investors lost millions of dollars in a failed nuclear reactor project abandoned by the Lexington County-based holding company's executives.Federal officials say SCANA executive Steve Byrne and possibly other SCANA executives lied about the nuclear project's failures.This allowed them to dupe investors and the Public Service Commission and charge ratepayers almost ...For the rest of the story, see Thursday's Lexington County Chronicle.
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