energy

Gas, electric companies cut off 270,000 Ohioans amid pandemic and billions in profit

BY: - May 16, 2022

Seven gas and electric companies in Ohio shut off service due to nonpayment more than 270,000 times over one year during the pandemic as their corporate parents reported billions in profits, according to an analysis of regulatory and financial flings. After prohibiting gas and electric shutoffs for the early months of the pandemic, the Public […]

Before bribery scandal, JobsOhio forgave a $12m loan to FirstEnergy to clean up a coal plant

BY: - May 2, 2022

JobsOhio gave FirstEnergy Corp., which later admitted to paying millions in bribes to a ranking politician and the state’s top utility regulator, a nearly $12 million loan in 2015 that was forgiven two years later. The Akron based company used the money to clean up a coal fired power plant in Belmont County that it […]

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 […]

Judge orders FirstEnergy to turn over records tied to bribery scandal

BY: - April 21, 2022

An administrative judge for the Public Utilities Commission of Ohio once again ordered FirstEnergy Corp. to hand over thousands of documents to a watchdog state agency, partially rebuffing the company’s request for a four-month delay. The ruling Wednesday caps off a drawn-out fight over records the company has already given to federal regulators for an […]

FirstEnergy fights to slow-walk subpoena for records tied to bribery case

BY: - April 12, 2022

Despite public promises of transparency, FirstEnergy Corp. is fighting a legal battle to slow-walk its production of documents subpoenaed by a consumer watchdog agency related to the company’s self-professed bribery operation. FirstEnergy, which owns three electric utilities in Ohio, has already successfully narrowed the scope of the documents it was ordered to turn over related […]

Former DeWine aide warned governor about utility regulator before the FBI raided his home

BY: - April 4, 2022

More than two years before FirstEnergy Corp. admitted to paying Ohio’s top utility regulator a $4.3 million bribe, Mike DeWine’s former campaign treasurer warned senior aides to the new governor about the eventual nominee’s “opaque and undisclosed” financial ties to the company. The warning came in a 198-page dossier alleging Sam Randazzo — a lawyer […]

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 […]

Judge gives lawyers 24 hours to identify FirstEnergy execs who ordered political bribes

BY: - March 22, 2022

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

BY: - March 18, 2022

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. […]

Who paid the bribes? Judge demands answers in FirstEnergy shareholders’ suit

BY: - March 14, 2022

About seven months ago, FirstEnergy, as a company, admitted to federal law enforcement to paying out two, multimillion dollar sets of bribes: one to the former speaker of the Ohio House and one to the state’s top utility regulator. U.S. District Judge John A. Adams — in a hearing Wednesday and a related order Friday […]

Ohio judge withdraws from probes into nuclear bailout he helped write

BY: - March 7, 2022

A state judge who oversees utility cases withdrew himself Friday from four cases involving legislation now at the center of a criminal public corruption investigation. Greg Price, an attorney examiner with the Public Utilities Commission of Ohio and chief of the electric and energy section, stepped back from investigations into FirstEnergy Corp. He cited the […]

Ohio judge helped write a bailout that led to arrests; now he’s blocking outside probes

BY: - February 28, 2022

A judge who oversees utility cases was involved in writing a coal and nuclear bailout now at the center of what prosecutors have described as the largest public corruption case in Ohio history, subpoenaed documents show. That same judge, Greg Price, is presiding over multiple regulatory cases in which a government watchdog agency is trying […]