Employees Retirement System of the City of St. Louis v. Jones et al

  1. March 25, 2022

    Judge Snubs FirstEnergy Deal With Call For Depositions

    An Ohio federal judge has made it clear that he is not willing to play ball with a $180 million settlement of shareholder derivative litigation against FirstEnergy Corp., instead calling on the parties to conduct depositions in his courtroom.

  2. March 23, 2022

    FirstEnergy's Ex-CEO Bribed Ohio Officials, Investors Say

    Under a court-mandated deadline, counsel for FirstEnergy Corp. shareholders said in an affidavit Wednesday that Chuck Jones, the utility's since-fired CEO, and another senior executive "devised and orchestrated" the bribery of elected officials in Ohio as part of a billion-dollar nuclear energy bailout scandal.

  3. March 22, 2022

    Judge Demands Names Of FirstEnergy Execs Who Paid Bribes

    Shareholders suing FirstEnergy Corp. over its alleged role in a billion-dollar nuclear energy bailout scandal were ordered Tuesday to publicly identify the FirstEnergy executives who paid millions in bribes to elected officials in Ohio.

  4. February 11, 2022

    FirstEnergy Agrees To Reforms To Settle Shareholder Suits

    Ohio-based utility company FirstEnergy Corp. has announced it will implement certain corporate governance measures and its insurer will pay it $180 million to settle various shareholder suits over an alleged $60 million bribery and racketeering scheme that implicated Ohio's house speaker.

  5. November 17, 2020

    Bernstein, Saxena Tapped To Rep FirstEnergy Investors

    Saxena White PA and Bernstein Litowitz Berger & Grossmann LLP will represent investors of Ohio utility company FirstEnergy Corporation in derivative litigation claiming the company's investors were hurt by a $60 million bribery and racketeering scheme implicating Ohio's house speaker, a federal judge in Columbus said Monday.

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