SEC v. Charles E. Jones

Charles E. Jones allegedly engaged in a years-long corruption scheme in which FirstEnergy made payments to former Speaker of the Ohio House of Representatives, Larry Householder, in exchange for official action benefitting FirstEnergy's business interests, according to the SEC. Jones appears to have misled investors and FirstEnergy's auditor, and aided and abetted FirstEnergy's failure to devise and maintain internal accounting controls, according to the SEC.

Summary generated from official Securities and Exchange Commission press release