March 25, 2022
An Ohio federal judge has made it clear that he is not willing to play ball with a $180 million settlement of shareholder derivative litigation against FirstEnergy Corp., instead calling on the parties to conduct depositions in his courtroom.
March 23, 2022
Under a court-mandated deadline, counsel for FirstEnergy Corp. shareholders said in an affidavit Wednesday that Chuck Jones, the utility's since-fired CEO, and another senior executive "devised and orchestrated" the bribery of elected officials in Ohio as part of a billion-dollar nuclear energy bailout scandal.
March 22, 2022
Shareholders suing FirstEnergy Corp. over its alleged role in a billion-dollar nuclear energy bailout scandal were ordered Tuesday to publicly identify the FirstEnergy executives who paid millions in bribes to elected officials in Ohio.
February 11, 2022
Ohio-based utility company FirstEnergy Corp. has announced it will implement certain corporate governance measures and its insurer will pay it $180 million to settle various shareholder suits over an alleged $60 million bribery and racketeering scheme that implicated Ohio's house speaker.
November 17, 2020
Saxena White PA and Bernstein Litowitz Berger & Grossmann LLP will represent investors of Ohio utility company FirstEnergy Corporation in derivative litigation claiming the company's investors were hurt by a $60 million bribery and racketeering scheme implicating Ohio's house speaker, a federal judge in Columbus said Monday.