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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 […]
Who paid the bribes? Judge demands answers in FirstEnergy shareholders’ suit
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 […]
FirstEnergy collected $460 million from customers; auditor unsure if it was spent on bribes
There’s no clear evidence to show the $460 million FirstEnergy Corp. charged its customers went to its stated purpose of modernizing the electric grid, a state-commissioned audit found. After three years of FirstEnergy collecting hundreds of millions via the “Distribution Modernization Rider,” a 2019 Ohio Supreme Court ruling blocked the company from continuing to apply […]
House leadership weighs political fate of their indicted colleague
Nearly a year since state Rep. Larry Householder was arrested on public corruption charges, four rank-and-file lawmakers argued their case to Ohio House leadership Thursday that it’s the House’s duty to purge Householder from the chamber he once controlled. The lawmakers — two Republicans and two Democrats — introduced separate but similar resolutions last month […]