Law 360

MARCH 8, 2022

An Ohio federal judge has trimmed a shareholder suit against FirstEnergy Corp. stemming from an alleged $60 million bribery and racketeering scheme that implicated Ohio's house speaker, finding the majority of the claims in the class action against the utility company pass muster.

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The Crime Report

JULY 23, 2021

Akron, Ohio, based FirstEnergy Corp. Federal prosecutors charged FirstEnergy with conspiring to commit honest services wire fraud and the utility company agreed to pay the multimillion-dollar penalty as part of a deferred prosecution agreement. According to federal indictments, from 2017 to March 2020 FirstEnergy Corp.

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Government 52

Law 360

OCTOBER 12, 2022

FirstEnergy Corp. has told an Ohio federal judge that a shareholder's opposition to the $180 million settlement that the electric utility company reached with investors is a "baseless attempt" to upend the settlement "for his own advantage," and should be rejected.

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Law 360

AUGUST 23, 2022

An Ohio federal judge gave final approval Tuesday to FirstEnergy Corp.'s s $180 million settlement with investors who brought derivative suits over a bribery scandal embroiling the electric utility company and the state legislature, while reducing the attorney fees in the case by more than $12 million.

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Attorney 40

Law 360

FEBRUARY 11, 2022

Ohio-based utility company FirstEnergy Corp. has announced it will implement certain corporate governance measures and its insurer will pay it $180 million to settle various shareholder suits over an alleged $60 million bribery and racketeering scheme that implicated Ohio's house speaker.

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Government 40

JURIST

JUNE 30, 2023

billion bailout for two Ohio nuclear plants owned by FirstEnergy Solutions, a subsidiary of FirstEnergy Corp., Generation Now is a non-profit that allegedly worked as a funnel, allowing the “donations” made by FirstEnergy Corp to remain undocumented. FirstEnergy Corp.,

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