SEC charges Exelon, ComEd and former utility CEO Anne Pramaggiore in Michael Madigan scandal
The Commonwealth Edison scandal engulfing indicted former Illinois House Speaker Michael Madigan is now costing its parent company, Exelon Corp., $46.2 million in penalties under a new settlement with the federal Securities and Exchange Commission. The SEC charged Exelon and ComEd with fraud in the alleged scheme to influence and reward Madigan as several lucrative pieces of utility ...