Is Cook V SCPSA a Scam? Class Action Lawsuit
The Cook V SCPSA is NOT a scam. Santee Cooper residential, commercial, industrial, and other customers, both direct and indirect, who paid utility bills that included rates calculated, in part, to pay pre-construction, capital, in-service, construction, interest, and other pre-operational costs associated with the V.C. Summer Nuclear Reactor Unit 2 and 3 Project from January 1, 2007, through January 31, 2020, may be eligible for a payment from a class action settlement.
A settlement has been reached with South Carolina Public Service Authority (“Santee Cooper”) and its officers and directors; Dominion Energy South Carolina, Inc., f/k/a South Carolina Electric & Gas Company (“SCE&G”); Dominion Energy Southeast Services, Inc., f/k/a SCANA Services, Inc. (“SCANA Services”); SCANA Corporation (“SCANA”) and its officers and directors; Central Electric Power Cooperative, Inc. (“Central”), and Palmetto Electric Cooperative, Inc. (“Palmetto”) (collectively, “Defendants”) in a lawsuit concerning the construction of two nuclear units at the V.C. Summer site in Jenkinsville, South Carolina (the “Project”) for which Santee Cooper and South Carolina electric cooperative customers paid costs through their electric bills.
The lawsuit was filed after Santee Cooper and SCE&G stopped construction of the Project. Plaintiffs alleged, among other things, that Defendants breached various duties in the construction of the Project and improperly charged Plaintiffs advanced financing costs. Defendants denied the allegations in the lawsuit but have agreed to settle.
As part of the Settlement, Settlement Class Members who did not timely exclude themselves from the Class are eligible to receive payment from the Net Settlement Fund and will automatically receive a payment.
YOU DO NOT NEED TO DO ANYTHING AT THIS TIME. This website advises you of your rights with respect to the Settlement, including your right to receive an automatic payment or bill credit, so please read this website carefully.
Settlement checks to eligible Class Members are mailing over the course of ten (10) business days from November 13 through November 27, 2020.
- May 1, 2020
- Initial Notice Mailing
- June 15, 2020
- Opt-Out Deadline
- July 1, 2020
- Objection Deadline
- July 20, 2020
- Final Fairness Hearing
- July 31, 2020
- Final Approval Granted
- August 31, 2020
- Final Judgment
- November 13 – 27, 2020
- Settlement Checks Mailed
Call: 1-833-947-0894 (Toll-Free)
Cook v. SCPSA
Class Action Administrator
P.O. Box 3127
Portland, OR 97208-3127
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