FirstEnergy Must Face Suit Over $60M Bribery Scheme

Law360 (February 10, 2021, 10:24 PM EST) -- FirstEnergy Corp. on Wednesday lost its bid to escape Ohio ratepayers' class claims the business paid about $60 million in bribes to secure approval of $1 billion bailout legislation, with a federal judge finding the customers sufficiently alleged they would face higher costs under the bill as a result of the purportedly illicit payments.

U.S. District Judge Edmund A. Sargus Jr. shot down FirstEnergy's motion to dismiss a consolidated proposed class action over an alleged scheme that has led to criminal charges against former Ohio Speaker Larry Householder and others for their purported efforts in enacting House Bill 6 to save...

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