SEC Opens Claims Process for FirstEnergy Investor Compensation Fund
Investors who held FirstEnergy Corp. common stock between 2017 and 2020 are now eligible to file claims for a portion of a $100 million penalty fund. The Securities and Exchange Commission established the distribution following findings that the utility company misled shareholders during a multi-year political corruption scheme.

The regulatory action stems from an investigation into FirstEnergy’s role in a bribery scandal involving payments to Generation Now, a 501(c)(4) entity linked to an Ohio House official. Between 2017 and 2020, the company funneled approximately $60 million through this organization to secure favorable legislative actions. When the scope of this scheme surfaced in July 2020, the company’s share price declined, prompting the SEC to charge FirstEnergy with antifraud violations and failing to maintain accurate accounting controls.
To recover losses, eligible shareholders must submit a claim form via the official website or by mail, postmarked no later than September 14, 2026. The distribution, managed by Epiq Class Action & Claims Solutions, is restricted to those who suffered a recognized loss under the SEC-approved plan. Parties excluded from the process include former officers, directors, and individuals currently facing criminal charges related to the underlying conduct. Claimants can track their status and access documentation through the dedicated portal at www.FirstEnergyFairFund.com.
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