FirstEnergy resolves Ohio HB6 investigations with $20M settlement; avoids criminal charges

FIRSTENERGY CORP

FirstEnergy will pay $19.5M to Ohio AG plus $500K for independent compliance consultant, totaling $20M.
Ohio AG will dismiss with prejudice all civil claims against FirstEnergy in the HB6-related lawsuit.
State agrees not to criminally prosecute FirstEnergy for conduct in the DPA statement of facts.
Company previously recorded a $19.5M loss contingency in Q2 2024 for this settlement.
FirstEnergy commits to ongoing cooperation and compliance remediation, including an independent consultant review.

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