Law Offices of Howard G. Smith announces an investigation on behalf of FirstEnergy Corp. ("FirstEnergy" or the "Company") (NYSE: FE) investors concerning the Company and its officers’ possible violations of federal securities laws.
On July 21, 2020, media reported, in connection with the arrest of an Ohio lawmaker, that FirstEnergy engaged in an illegal scheme to have taxpayers bail out the Company's nuclear power plants. The Company also disclosed that it had received subpoenas in connection with an investigation into the passage of Ohio House Bill 6.
On this news, the Company's share price fell $7.01, or 17%, to close at $34.25 per share on July 21, 2020, on unusually heavy trading volume.
If you purchased FirstEnergy securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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