Shareholders, on behalf of FirstEnergy Corp., settle for $180 million over House Bill 6 allegations

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Shareholders, on behalf of FirstEnergy Corp., settle for $180 million over House Bill 6 allegations
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Shareholders, acting on behalf of FirstEnergy Corp., have agreed to a $180 million settlement with a group of top officials who ran the company during the House Bill 6 scandal, according to filings Thursday.

John Caniglia, cleveland.com

CLEVELAND, Ohio – The investors accused the utility’s leaders, including current and former board members and executives, in derivative lawsuits in federal courts in Akron and Columbus. The claims sought to make the corporation whole from what authorities called the largest bribery scheme in Ohio history.

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