chuck
FirstEnergy deposition looms in shareholder lawsuit for bribery, misleading investors
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
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 […]