Well.. yes. Yes, they did.



REP. MARKEY: DID SAN ONOFRE OPERATOR VIOLATE FEDERAL SECURITIES LAW?
[link to www.power-eng.com]

[snip]

Rep. Ed Markey (D-Mass.) today raised the possibility that the utility in charge of the San Onofre nuclear power plant in southern California may have violated federal securities laws by failing to publicly report safety information to investors.

According to a letter sent by Rep. Markey to Securities and Exchange Commission head Elisse Walter, the lawmaker says investors do not appear to have been fully and accurately informed of design flaws found by Southern California Edison and Mitsubishi in advance of the replacement of parts of the plant, and that SoCal Edison decided to reject recommended safety modifications for fear that they would be required to undertake a new license process before the parts could be installed. SoCal Edison is the operator of the plant and hired Mitsubishi as a contractor.