Recent Security Class Actions

Exelon Corporation (NYSE: EXC)

Company Name:Exelon Corporation
Stock Symbol:NYSE: EXC
Class Period Start:02/08/2019
Class Period End (inclusive):10/31/2019
Filing Deadline:02/14/2020

According to the Complaint, Exelon is a utility services holding company that engages in energy generation and delivery businesses in the U.S. and Canada.

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operational and compliance policies. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) Exelon and/or its employees were engaged in unlawful lobbying activities; (ii) the foregoing increased the risk of a criminal investigation into Exelon; (iii) ComEd’s revenues were in part the product of unlawful conduct and thus unsustainable; and (iv) that, as a result, the Company’s public statements were materially false and misleading at all relevant times.