FirstEnergy Corp. has agreed to regularly open its books to the public about its political spending, under an agreement the scandal-ridden utility has reached with a New York State public pension fund.
The Associated Press
COLUMBUS A political dark money group that authorities say was used as part of a $60 million bribery scheme to pass nuclear bailout legislation in Ohio pleaded guilty to a federal racketeering charge on Friday.
Generation Now Inc. also agreed in federal court in Cincinnati to forfeit $1.5 million from two bank accounts.
Jeffrey Longstreth, a co-defendant in the case who previously pleaded guilty to racketeering for his involvement in the scheme, represented Generation Now during Friday’s hearing.
U.S. District Judge Timothy Black delayed a pre-sentence investigation and sentencing until after cases for all of the defendants are resolved.
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