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Utility ordered to pay $100 million for its role in Ohio bribery scheme

By Financial Post - 2 weeks ago
An energy company at the center of a $60 million bribery scheme in Ohio has been ordered by the U.S. Securities and Exchange Commission to pay a $100 million civil penalty for misleading investors about its role in the scandal. Akron-based FirstEnergy Corp. violated antifraud provisions by misrepresenting its role in the political corruption scheme […]

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