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Articles for Firstenergy, search results for company

Who paid the bribes? Ohio judge demands answers in FirstEnergy shareholders’ suit
2 years, 9 months ago

Who paid the bribes? Ohio judge demands answers in FirstEnergy shareholders’ suit

Raw Story  

About seven months ago, FirstEnergy, as a company, admitted to federal law enforcement to paying out two, multimillion dollar sets of bribes: one to the former speaker of the Ohio House and one to the state’s top utility regulator. Adams said in the order Friday that he adjourned Wednesday’s hearing given the lawyers’ “steadfast refusal to answer even the most …

Company House Million Fbi Adams Ohio Capital Journal Answer
Former House speaker asks judge to drop conspiracy charge
2 years, 10 months ago

Former House speaker asks judge to drop conspiracy charge

Associated Press  

COLUMBUS, Ohio — The former Republican house speaker accused of helping orchestrate a $60 million bribery scheme has asked that the criminal case against him be dropped, arguing prosecutors haven’t presented evidence that backs up the indictment. Federal investigators charged Larry Householder eighteen months ago with conspiring to oversee the funneling of energy company money into a legislative effort to …

Ohio House Householder Firstenergy
TAKEAWAYS: Ex-utility regulator had outsized role in scheme
3 years, 5 months ago

TAKEAWAYS: Ex-utility regulator had outsized role in scheme

Associated Press  

CLEVELAND — A statement of facts included with FirstEnergy’s deferred prosecution agreement announced Thursday by the U.S. Attorney’s Office in Cincinnati sheds new light on the role a former utility regulator played in a $60 million corruption scheme involving the Akron-based company. FirstEnergy’s statement of facts said Randazzo, referred to as “Public Official B,” met with “Executive 1” and “Executive …

Statement Utilities Ohio Commission Million Rate Randazzo
Ohio utility gets SEC subpoena regarding tainted energy bill
3 years, 6 months ago

Ohio utility gets SEC subpoena regarding tainted energy bill

Associated Press  

CLEVELAND — The electric utility AEP Ohio said Tuesday that the Enforcement Division of the U.S. Securities and Exchange Commission has subpoenaed documents related to subsidies it has received from a now-tainted energy bill for two aging coal plants partly owned by the company. A document on the company’s website says the SEC is seeking various documents, including those regarding …

Energy Plants Company Ohio Sec Bill Firstenergy
FirstEnergy fires another executive over consulting contract
3 years, 6 months ago

FirstEnergy fires another executive over consulting contract

Associated Press  

CLEVELAND — A FirstEnergy senior vice president was fired Thursday for her “inaction” regarding a 2015 amendment to a “purported” consulting contract with someone who was later appointed as Ohio’s top utility regulator, the company announced in a U.S. Securities and Exchange Commission filing. Eileen Mikkelsen’s dismissal makes her the sixth high-ranking FirstEnergy executive fired since the U.S. Department of …

Company Ohio Sec Doj Firstenergy Energy Fires Consulting Contract
Ohio utility at center of $60 million bribery case fires CEO
4 years, 1 month ago

Ohio utility at center of $60 million bribery case fires CEO

Associated Press  

TOLEDO, Ohio — A power company under investigation for its role in an alleged $60 million bribery scheme involving one of Ohio’s most powerful politicians fired its chief executive following an internal review. Federal investigators have said the company and its associates secretly funneled millions to secure a $1 billion legislative bailout for the two unprofitable Ohio nuclear plants, then …

Investigation Plants Company Ohio Jones Firstenergy
2 Ohio political operatives plead guilty in bribery probe
4 years, 1 month ago

2 Ohio political operatives plead guilty in bribery probe

Associated Press  

COLUMBUS, Ohio — Two Ohio political operatives pleaded guilty Thursday to charges that they conspired as part of what another defendant called an “unholy alliance” aimed at bailing out two aging Ohio nuclear power plants, court documents show. Juan Cespedes, 41, a lobbyist described by investigators as a “key middleman,” and Jeffrey Longstreth, 44, a longtime Householder political adviser, pleaded …

Energy Ohio Republican Borges Generation Householder Firstenergy
House committee holds hearing on repeal of bailout law
4 years, 3 months ago

House committee holds hearing on repeal of bailout law

Associated Press  

COLUMBUS, Ohio — The alleged corruption that led to passage of a nuclear plant bailout law and questions about whether the bailout was financially necessary demand the law’s immediate repeal and replacement, Democratic and Republican lawmakers testified Thursday. Supporters of the energy policy contained within the law who worry a repeal throws the baby “out with the bath water” overlook …

Law Energy Republican Repeal House Committee Firstenergy Bailout
Former Ohio House speaker needs more time to find lawyer
4 years, 4 months ago

Former Ohio House speaker needs more time to find lawyer

Associated Press  

COLUMBUS, Ohio — The former speaker of the Ohio House still can’t find a permanent lawyer to defend him against a charge related to an alleged $60 million bribery scheme and needs more time to hire one, according to a Wednesday court filing. Thomas filed a new motion late Wednesday saying Householder still needs more time to find a long-term …

Energy Ohio House More Time Thomas Householder Firstenergy