The Southern Company Securities Litigation

On August 22, 2019, the Court in The Southern Company Securities matter (Northern District of Georgia Atlanta Division) certified a class of common stock investors. Plaintiffs allege that The Southern Company misled investors regarding the construction timeline of a “clean coal” power plant. Professor Steven Feinstein of Babson College and Crowninshield Financial Research provided expert analysis and testimony establishing that Southern Company stock traded in an efficient market.