Herman Jones LLP is Investigating Claims for Investors Who May Have Been Harmed by FirstEnergy’s Statements in Its Proxy Statements Concerning Lobbying Efforts

ATLANTA, GEORGIA, UNITED STATES, July 20, 2022 /EINPresswire.com/ — A lawsuit, styled Miller v. Anderson, et al. (Case No. 5:20-cv-01743), was filed in federal court in the Northern District of Ohio against FirstEnergy for violations of the Securities Act of 1934 in relation to proxy statements regarding FirstEnergy’s lobbying efforts. According to this Complaint, FirstEnergy improperly paid over $60 million to a politician’s nonprofit in exchange for him promoting legislation favorable to FirstEnergy, and it failed to make critical disclosures regarding this purportedly unlawful activity. This allegedly caused the proxy statements filed with the United States Securities and Exchange Commission and disseminated to FirstEnergy’s stockholders to be false or misleading.

Herman Jones LLP (www.hermanjones.com) is investigating potential claims on behalf of FirstEnergy Corp. (NYSE: FE) against certain of its officers and directors relating to the allegations set forth in the lawsuit.

IF YOU PURCHASED FIRSTENERGY CORP. SHARES BETWEEN JANUARY 2018 AND AUGUST 2020 AND WOULD LIKE TO BE INVOLVED, PLEASE CONTACT HERMAN JONES LLP AT THE CONTACT INFORMATION BELOW.

IF YOU ARE SHAREHOLDER WHO SUFFERED A LOSS, you may have standing to hold FirstEnergy Corp. harmless from the alleged harm caused by the Company’s officers and directors by making them personally responsible. You may also be able to assist in reforming the Company’s corporate governance to assure compliance and prevent future wrongdoing.

IF YOU ARE INTERESTED IN LEARNING MORE ABOUT THE INVESTIGATION, PLEASE CONTACT US AT THE INFORMATION BELOW. IF EMAILING, PLEASE INCLUDE A PHONE NUMBER.

ABOUT HERMAN JONES LLP:

Herman Jones LLP (www.hermanjones.com) is a nationally recognized high stakes litigation law firm with offices in Atlanta, Newark and Seattle. Herman Jones LLP represents individual and institutional investors in shareholder derivative and securities class action lawsuits, in addition to antitrust, intellectual property, consumer class actions and venture fund transactional work. Herman Jones LLP regularly assists clients in recovering losses resulting from violations of federal securities laws. For more information about the firm and its attorneys, please visit http://www.hermanjones.com. Attorney advertising. Past results do not guarantee future outcomes.

John Herman
Herman Jones LLP
+1 404-504-6500
hjadmin@hermanjones.com
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