---
schema_version: "secwatch.filing_event.v1"
accession: "0001109357-23-000051"
form_type: "8-K"
ticker: "EXC"
cik: "0001109357"
company_name: "EXELON CORP"
filed_at: "2023-06-16T23:59:59+00:00"
generated_at: "2026-06-13T22:19:20.179455+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Exelon reaches $40M derivative settlement over ComEd bribery allegations; court approval pending

## Summary
- Settlement includes $40M payment from insurers to Exelon; $10M allocated for plaintiffs' attorneys' fees.
- Corporate governance reforms and board composition changes agreed; former CEO Crane's compensation reduced.
- Settlement covers derivative claims from multiple shareholder demands; some shareholders intend to oppose.
- Settlement must be approved by Judge John Robert Blakey in the Northern District of Illinois.
- Special Litigation Committee and Independent Review Committee approved the settlement after mediation.

## SEC filing metadata
- accession: 0001109357-23-000051
- form_type: 8-K
- ticker: EXC
- cik: 0001109357
- company_name: EXELON CORP
- filed_at: 2023-06-16T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1109357/000110935723000051/0001109357-23-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22606/000110935723000051/exc-20230616.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001109357-23-000051
- JSON: https://secwatch.observer/filing/0001109357-23-000051.json
- Plain text: https://secwatch.observer/filing/0001109357-23-000051.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.