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Trial of ex-FirstEnergy executives charged in $60M Ohio bribery scheme set to begin [Yahoo! Finance Canada]

FirstEnergy Corp. (FE) 
Last firstenergy corp. earnings: 4/23 04:20 pm Check Earnings Report
US:NYSE Investor Relations: investors.firstenergycorp.com
to veteran lawyer and lobbyist Sam Randazzo in 2019, shortly before he was appointed as the state's top utility regulator, is at the center of the latest criminal trial to get underway in a sweeping $60 million bribery scandal Prosecutors allege that then-FirstEnergy Corp. CEO Chuck Jones and then-Senior Vice President Michael Dowling played roles in orchestrating the hefty payout to Randazzo in exchange for several lucrative regulatory favors he would later deliver to the company. Both men have pleaded not guilty to felony corruption charges, denying all wrongdoing and arguing that the money represented fees already promised to Randazzo as part of a long-running consulting arrangement. Opening statements were expected to kick off Tuesday in Akron. The two defendants were among executives FirstEnergy fired in the wake of the 2020 arrests of then-Ohio House Speaker Larry Householder and four associates. Federal prosecutors alleged that the speaker and the others carried out an el Show less Read more
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