MILWAUKEE, July 22, 2020 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating possible securities fraud claims against FirstEnergy (NYSE: FE) resulting from inaccurate statements FirstEnergy made regarding its internal controls, business practices, financial statements and prospects.
Click here to learn more about the investigation: http://ademilaw.com/case/firstenergy-corp or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
The investigation focuses on whether FirstEnergy issued false and misleading statements regarding its business practices, internal controls and prospects. Specifically, FirstEnergy allegedly spent approximately $2.9 million on Larry Householder's 2017 campaign. Householder became Ohio House Speaker in 2019 and allegedly returned the favor by enacting laws to support FirstEnergy's nuclear plants as well as a pair of coal plants. In total, political donations and bribes by FirstEnergy and other parties involved may have totaled as much as $60 million.
Householder and his alleged accomplices have been charged federally with "conspiracy to participate, directly or indirectly, in the conduct of an enterprise's affairs through a pattern of racketeering activity."
If you wish to obtain additional information or have information about this investigation of FirstEnergy, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, http://ademilaw.com/case/firstenergy-corp.
We specialize in securities fraud and shareholder litigation. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
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