FirstEnergy pays $100M penalty to SEC for Ohio bribery scheme, part of $200M total impact.

FirstEnergy will pay a $100 million penalty to settle charges from the Securities and Exchange Commission (SEC) related to a bribery scheme in Ohio. This settlement is part of the fallout from a scandal involving efforts to influence legislation regarding a nuclear plant. The total financial impact on the company amounts to $200 million, including previous penalties associated with the scheme.

September 12, 2024
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