bribes
FirstEnergy fights to keep records tied to bribery scheme from the public
Akron-based utility FirstEnergy Corp., which has admitted to spending tens of millions bribing top government officials, asked state regulators to shield documents about its bribes from release to the public. The company’s request will soon be decided by the Public Utilities Commission of Ohio, whose former chairman Sam Randazzo allegedly accepted a $4.3 million bribe […]
FirstEnergy’s CEO and SVP ordered $64 million bribery scheme, shareholders say
FirstEnergy’s CEO and senior vice president “devised and orchestrated” a $64 million bribery scheme to pay a top legislative leader and utility regulator in exchange for official action, according to a sworn declaration Wednesday from shareholders’ lawyers who are suing the company. While CEO Charles “Chuck” Jones and senior vice president for external affairs Michael […]
Judge gives lawyers 24 hours to identify FirstEnergy execs who ordered political bribes
Further scuttling a proposed settlement for FirstEnergy’s shareholders, a federal judge demanded their lawyers, within 24 hours, answer his question about which company officials ordered what has been described as the largest political bribery scheme in Ohio history. Both FirstEnergy and its shareholders were on the cusp of a settling the shareholders’ derivative lawsuit, announcing […]
Both FirstEnergy and its shareholders seek secrecy around company’s bribes
Both FirstEnergy Corp. and its shareholders argued to a federal judge that they shouldn’t be forced to publicly disclose which executives ordered the payment of political bribes that the company admitted to in a related criminal case. The two parties are awaiting judicial approval of a proposed settlement from a derivative lawsuit filed by FirstEnergy’s shareholders. […]