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Wednesday, April 24, 2024 | Back issues
Courthouse News Service Courthouse News Service

FirstEnergy

COLUMBUS, Ohio — A federal court in Ohio refused to dismiss several claims against FirstEnergy in a securities fraud case brought by the Los Angeles County Employees Retirement Association, which alleges the utility company misled shareholders about its political activity — specifically, its role in a bribery scheme aimed at passing legislation to bail out its failing nuclear plants.

Read the opinion here.

Categories / Briefs, Business, Employment, Energy, Securities

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