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(The Center Square) – The Securities and Exchange Commission charged Exelon Corp., electric utility Commonwealth Edison Company and former ComEd CEO Anne Pramaggiore with fraud in connection with a multi-year
(The Center Square) – The Securities and Exchange Commission charged Exelon Corp., electric utility Commonwealth Edison Company and former ComEd CEO Anne Pramaggiore with fraud in connection with a multi-year scheme to corruptly influe...
Former ComEd CEO Anne Pramaggiore, found guilty in 'ComEd 4' Mike Madigan bribery trial, has now been charged with fraud by the SEC
The Securities and Exchange Commission also filed charges against Exelon and ComEd, but their charges will be settled for $46.2 million.
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 ...