chuck

Texts, calendars, emails link DeWine to FirstEnergy’s bribery scandal

BY: - August 15, 2022

Gov. Mike DeWine and his administration played a hands-on role passing an allegedly pay-for-play nuclear bailout and appointing an industry-friendly regulator who has since been accused of taking a $4.3 million bribe, documents and messages show. Calendar records show DeWine, a Republican, met repeatedly to discuss energy policy with FirstEnergy Corp. officials and at least […]

FirstEnergy asks its fired former CEO to return the $56 million it paid him

BY: - July 28, 2022

After FirstEnergy Corp. admitted in court to bribing state officials, it sent word to its former CEO about his salary. The company wanted its money back. All $56 million. In November 2021, the compensation committee of the company’s board made a “recoupment demand” to former CEO Charles Jones for $56 million, according to a quarterly […]

Judge rejects bid to settle FirstEnergy bribery suit with shareholders elsewhere

BY: - July 8, 2022

A federal judge in Akron has refused to dismiss a lawsuit between FirstEnergy Corp. — which has admitted that it bribed two top Ohio politicians with $64 million — and some of its shareholders. U.S. District Judge John R. Adams denied a motion Tuesday, filed jointly by the company and its investors, asking him to […]

FirstEnergy fired its CEO amid bribery scandal but let him keep millions, documents show

BY: - June 23, 2022

As its starring role in a political bribery scandal became clearer and two alleged conspirators pleaded guilty, FirstEnergy Corp. fired its CEO Charles “Chuck” Jones, who was later outed as an architect of the operation. New documents show, however, that FirstEnergy’s board of directors declined to invoke a provision in Jones’ contract that would have […]

FirstEnergy deposition looms in shareholder lawsuit for bribery, misleading investors

BY: - April 25, 2022

It has been nine months since FirstEnergy Corp. admitted to federal prosecutors that it bribed Ohio’s top utility regulator and the speaker of the Ohio House. Investors in the electric utility may soon get the chance to ask a few follow-up questions about how the $64 million operation came together. Besides the criminal allegations against […]

FirstEnergy’s CEO and SVP ordered $64 million bribery scheme, shareholders say

BY: - March 24, 2022

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 […]