FirstEnergy Execs on Trial for $60M Bribery Scheme Amidst Utility Regulation Controversy
ByAinvest
Friday, Feb 6, 2026 10:59 am ET1min read
FE--
Former FirstEnergy CEOs Chuck Jones and Michael Dowling are on trial for allegedly orchestrating a $60 million bribery scheme involving Ohio utility regulator Sam Randazzo. Prosecutors claim the two men paid Randazzo $4.3 million in exchange for regulatory favors. The defense argues the payment was a lump sum settling Randazzo's consulting agreement. The trial is expected to last eight weeks.
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