FirstEnergy Corp. Securities Litigation

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Lawsuit Overview

Defendant:FirstEnergy Corp.
Date Filed:July 28th, 2020
Industry:Electric Utilities: Central
Class Start Date:February 21st, 2017
Class End Date:July 21st, 2020

According to the Complaint, FirstEnergy Corp. is an electric utility company headquartered in Akron, Ohio.

The Complaint alleges that during the Class Period, Defendants issued materially false and misleading statements regarding FirstEnergy's internal controls, business practices and prospects. Specifically, the Complaint alleges Defendants touted FirstEnergy's legislative "solutions" to problems with its nuclear facilities, but failed to disclose that these "solutions" centered on an illicit campaign to corrupt high-profile state legislators in order to secure legislation favoring the Company.

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First Identified Complaint

Diane Owens, et al. v. FirstEnergy Corp., et al.

Date Filed:July 28th, 2020
Class Period Start:February 21st, 2017
Class Period End:July 21st, 2020
First Identified Complaint Filings
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