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Owens v. FirstEnergy Corp. et al

  1. November 29, 2023

    FirstEnergy Must Give Internal Investigation Info To Investors

    First Energy investors suing the company over the massive bribery scheme to bail out two failing nuclear energy plants can get documents relating to an internal investigation conducted by two major law firms, a special master ruled on Wednesday, reasoning that the company had not sufficiently proved that the materials are shielded by attorney-client privilege.

  2. November 17, 2023

    6th Circ. To Decide Fate Of FirstEnergy Investor Class

    The Sixth Circuit agreed Thursday to weigh in on whether a lower court was right to certify a class of FirstEnergy investors who say they lost money when it was revealed that the company had bribed Ohio officials to secure a $1 billion bailout of two failing nuclear plants.

  3. May 09, 2023

    FirstEnergy Nonprofit Must Divulge Info In Shareholder Suit

    A nonprofit formed to funnel FirstEnergy Corp. money to Ohio public officials in a $60 million bribery scandal has two weeks to turn over to shareholders documents produced by a company attorney who was also a nonprofit executive, a Buckeye State federal judge ordered Tuesday.

  4. May 02, 2023

    FirstEnergy Says Class Can't 'Obscure Failure' In Cert. Appeal

    FirstEnergy Corp. Tuesday urged the Sixth Circuit to undo the certification of an investor class that is suing it, alleging it bribed Ohio state legislators.

  5. April 20, 2023

    Ex-SEC Officials Back FirstEnergy's Bid To Overturn Class

    Former U.S. Securities and Exchange Commission officials are among those calling for the Sixth Circuit to decertify a class of FirstEnergy Corp. investors who say they were harmed in the company's alleged bribery of Ohio officials, arguing on Thursday that allowing certification to stand would make it much easier for shareholders to claim class status.

  6. March 30, 2023

    Robbins Geller Will Lead Certified FirstEnergy Investor Class

    Robbins Geller Rudman & Dowd LLP was appointed lead counsel for a class of FirstEnergy Corp. investors on Thursday in an Ohio federal court's order granting the shareholders class certification for their claims arising from a major Buckeye State bribery scandal.

  7. August 19, 2022

    Judge Dings FirstEnergy For Unprepared Witness's Testimony

    A federal magistrate judge on Friday told FirstEnergy Corp. it must produce a new deposition witness in an ongoing securities lawsuit stemming from a massive federal corruption probe, after finding the utility did not adequately prepare the witness to answer reasonable questions.

  8. June 07, 2022

    FirstEnergy Investors Seek Class Status For Fraud Claims

    Investors suing FirstEnergy Corp. for securities fraud want a federal judge to approve class action status for their case, arguing that thousands of people could potentially obtain damages after the Northeast Ohio utility's stock tanked in the wake of an alleged $60 million bribery scheme.

  9. March 08, 2022

    FirstEnergy Execs Must Face Lightly Trimmed Bribery Suit

    An Ohio federal judge has trimmed a shareholder suit against FirstEnergy Corp. stemming from an alleged $60 million bribery and racketeering scheme that implicated Ohio's house speaker, finding the majority of the claims in the class action against the utility company pass muster.

  10. May 18, 2021

    FirstEnergy Execs Say Bribery Suit Doesn't Allege Crimes

    Directors and officers of nuclear power plant owner FirstEnergy Corp. told an Ohio federal judge that a shareholder suit involving bribes paid to state lawmakers doesn't adequately allege any violations by the company's leadership.

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