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An update from FirstEnergy ( (FE) ) is now available.
FirstEnergy Corp. has settled with the SEC, agreeing to pay a $100 million civil penalty and cease future securities law violations, stemming from an investigation resolved on September 12, 2024. This move, anticipated in their second-quarter financials, aligns with the company’s commitment to operational excellence and integrity. As one of the largest investor-owned electric systems in the U.S., FirstEnergy continues to focus on enhancing customer service and advancing the energy transition, marking a significant step towards closing a challenging chapter and moving forward with its strategic plans.
Find detailed analytics on FE stock on TipRanks’ Stock Analysis page.