FirstEnergy to resolve criminal investigation with $230 mln penalty

July 22 (Reuters) - FirstEnergy Corp said on Thursday it will pay $230 million as a penalty to resolve a criminal investigation launched by the U.S. Attorney's Office.

Under a three-year deferred prosecution agreement, the electric-utility company has agreed to pay the penalty and to the government's filing of a single charge of conspiracy to commit honest services wire fraud. (Reporting by Sahil Shaw in Bengaluru; editing by Uttaresh.V)

07/22/2021 14:04

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