Page 28 - ஓஹியோ வீடு பேச்சாளர் லாரி வீட்டுக்காரர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

COLUMBUS – Akron-based FirstEnergy and its leaders want to dismiss a lawsuit brought by shareholders alleging securities fraud, saying the company s political donations were protected by the First Amendment.  FirstEnergy has been under scrutiny since federal prosecutors alleged Ohio House Speaker Larry Householder and four others engaged in a nearly $61 million bribery scheme to pass a $1 billion bailout for two nuclear plants, then owned by FirstEnergy Solutions, and defend that law against a ballot initiative to block it.  A FirstEnergy wholly-owned subsidiary contributed most of that money, the company previously disclosed in a federal lawsuit. No one from FirstEnergy was arrested or charged with any crime, but the fallout was massive. Within 48 hours of the arrests, FirstEnergy’s shareholders collectively lost $7.6 billion as the parent company’s stock price plummeted 34%.

United statesJeff longstrethDennis chackDoug livingstonSam randazzoChuck jonesPublic utilities commission of ohioUs supreme courtSecurities exchangeFirstenergy solutionsAkron based firstenergyOhio house speaker larry householderPublic utilities commissionGeneration nowBeacon journalEnergy motion