Scott+Scott Attorneys at Law LLP Investigates FirstEnergy Corp.’s Directors and Officers for Breach of Fiduciary Duties (FE)

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of FirstEnergy Corp. (“FirstEnergy”) (NYSE: FE) breached their fiduciary duties to FirstEnergy and its shareholders. If you are a FirstEnergy shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or [e-mail].

Scott+Scott is investigating whether FirstEnergy’s board of directors or senior management failed to manage FirstEnergy in an acceptable manner, in breach of their fiduciary duties to FirstEnergy, and whether FirstEnergy has suffered damages as a result.

On July 21, 2020, federal agents arrested Ohio Speaker Larry Householder and several other individuals, including a FirstEnergy lobbyist, in connection with a $60 million corruption scheme. On this news, FirstEnergy stock price declined nearly 45% from $41.26 per share on July 20, 2020, to as low as $22.85 per share on July 22, 2020.

What You Can Do

If you are a FirstEnergy shareholder, you may have legal claims against FirstEnergy’s directors and officers. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at 844-818-6982 or [e-mail].

About Scott+Scott

Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.

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