Defendant Name:
FirstEnergy Corp.
Defendant Type:
Public Company
Document Reference:
34-104138
Document Details
Legal Case Name
In the Matter of FirstEnergy Corp.
Document Name
Order Appointing Tax Administrator
Document Date
30-Sep-2025
Document Format
Administrative Proceeding
Allegation Type
Issuer Reporting and Disclosure
Document Summary
The Commission ordered that: "Heffler, Radetich & Saitta, LLP is appointed as the Tax Administrator for the QSF in the above-referenced proceeding."
Disgorgement & Penalty Information
Resolutions
The Commission ordered that: "Heffler, Radetich & Saitta, LLP is appointed as the Tax Administrator for the QSF in the above-referenced proceeding."
Related Documents:
33-11302
12-Sep-2024
Administrative Proceeding
Order Instituting Cease-And-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-And-Desist Order
On September 12, 2024, the SEC instituted cease-and-desist proceedings against FirstEnergy Corp., stating: "These proceedings arise out of FirstEnergy’s participation in a multi-year political corruption scheme. Between 2017 and 2020, FirstEnergy and FirstEnergy Solutions (“FES”), through FirstEnergy Service Company, made payments totaling approximately $60 million to Generation Now (“GenNow”) in exchange for specific official action for the benefit of FirstEnergy and FES."
SEC Charges FirstEnergy Corp. with Fraud in Connection with Political Corruption Scheme
On September 12, 2024, the SEC stated that: "[It] charged FirstEnergy Corp. ("FirstEnergy") with fraud in connection with a multi-year political corruption scheme in which FirstEnergy and affiliates made payments to an entity controlled by former Speaker of the Ohio House of Representatives, Larry Householder, in exchange for official action benefitting FirstEnergy's business interests. FirstEnergy agreed to settle the charges and pay a civil penalty of $100 million."
34-101749
25-Nov-2024
Administrative Proceeding
Extension Order
The Commission ordered that: "the Division's request for an extension of time until November 24, 2025, to submit a Proposed Plan of Distribution is granted."
34-104254
24-Nov-2025
Administrative Proceeding
Second Extension Order
The Commission ordered that: "the Division’s request for an extension of time until March 31, 2026, to submit a Proposed Plan of Distribution is granted."
34-104425
17-Dec-2025
Administrative Proceeding
Order Appointing Fund Administrator, Setting Administrator's Bond Amount, and Authorizing the Approval and Payment of the Fees and Expenses of Administration
The Commission ordered that: "A. Epiq is appointed as the Fund Administrator . . .; B.
Epiq shall obtain a bond . . . in the amount of $100,000,000.00; C. the Fund Administrator will submit invoices to the Commission staff for services
rendered . . . ; and D.
at the direction of an Assistant Director of the Office of Distributions, OFM is
authorized to pay the Fund Administrator’s fees and expenses from the Fair Fund . . ., so long as the total
amount paid to the Fund Administrator, including the invoice to be paid, does not
exceed the total amount of the approved cost proposal submitted by the Fund
Administrator."
