nuclear

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 […]

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 […]

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 […]

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 […]

FirstEnergy collected $460 million from customers; auditor unsure if it was spent on bribes

BY: - January 18, 2022

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 […]

Dark money group with Mandel ties named in subpoena in FirstEnergy bribery lawsuit

BY: - December 13, 2021

A former FirstEnergy executive, defending himself in a shareholders’ lawsuit stemming from his alleged role in the company’s statehouse bribery operation, has subpoenaed correspondence with two political operatives with close ties to U.S. Senate candidate Josh Mandel. Attorneys for Mike Dowling, former senior vice president of external affairs for the utility company, subpoenaed records from […]

Ratepayers spent $166 million and counting bailing out coal plants under law that passed via bribes

BY: - September 15, 2021

Despite several plea deals with federal prosecutors regarding bribery on a massive scale to pass legislation providing a windfall to nuclear and coal companies, Ohio utility customers continue to fund bailouts of failing coal-fired power plants in Ohio and Indiana. In the first half of 2021, Ohio utility customers paid $51 million to subsidize the […]

DeWine says he didn’t know about alleged $4.3m bribe of utility regulator he appointed

BY: - July 27, 2021

Gov. Mike DeWine distanced himself Monday from a utility regulator he appointed who was accused last week of accepting millions in bribes from FirstEnergy Corp. FirstEnergy said in a court filing last week that it paid Sam Randazzo $22 million in consulting fees in the decade leading up to his appointment as chairman of the […]

Indicted Householder spars with House Republicans who want him out

BY: - June 16, 2021

In a show of defiance, indicted Rep. Larry Householder proclaimed his innocence to House leadership Tuesday and rebuffed bipartisan efforts seeking his ouster. Householder, with his criminal defense attorney periodically whispering in his ear, made a two-pronged argument for himself. For one, he said the allegations against him are just that — “unproven” and “one-sided” […]