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Federal Judge Questions First Energy Proposed $180 Million Lawsuit Settlement

By on February 18, 2022 in Litigation-Business

“A Northeast Ohio federal judge is questioning the proposed shareholders lawsuit settlement with FirstEnergy that could give the Akron utility as much as $180 million in an insurance payout tied to the House Bill 6 scandal. U.S. District Court Judge John Adams says the utility and others first,” reports Jim Mackinnon in Akron Beacon Journal.

“They Need to answer numerous questions he has about the proposed settlement, which the parties want to  take place in the Southern District of Ohio court in Columbus and not in front of Adams in Akron. Adams late on Friday ordered an in-person meeting with all parties to discuss the issues 2 p.m. March 9 in his Akron courtroom.”

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