FirstEnergy
The New Jersey BPU voted to hold a public hearing on JCP&L in response to the ongoing bribery scandal involving its parent, FirstEnergy.
FirstEnergy’s chief legal officer and chief ethics officer “separated” from the company, according to a filing with the SEC.
FirstEnergy’s positive third-quarter financial results were overshadowed by questions about ongoing federal investigations into the company.
FirstEnergy fired CEO Charles Jones and two others over an alleged bribery scandal in Ohio after two men pleaded guilty in the scheme.
Ratepayer advocates challenged the PJM board to take action against Exelon and FirstEnergy, accused of bribing legislators in Illinois and Ohio, respectively.
Larry Householder was voted out as Ohio House speaker and officially indicted by a federal grand jury on a racketeering conspiracy charge.
AEP CEO Nick Akins said that his company is innocent of wrongdoing in the alleged bribery scheme that resulted in the passage of Ohio H.B. 6, echoing a similar protestation by FirstEnergy CEO Charles Jones.
Ohio Gov. Mike DeWine said the state should repeal House Bill 6 in light of the federal bribery charges against House Speaker Larry Householder.
FirstEnergy spent $61 million in bribes and “dark money” to elect Ohio House Speaker Larry Householder and his allies, federal officials charged.
FirstEnergy promoted CFO Steve Strah to take over as president for Charles Jones, who will remain as CEO.
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