Judge Candid In Denying Parties’ Motion To Dismiss FirstEnergy Derivative Suit

(July 15, 2022, 9:58 AM EDT) -- AKRON, Ohio — A federal judge in Ohio on July 5 refused to grant a joint motion to dismiss in a shareholder derivative lawsuit stemming from the alleged involvement of an energy company’s board of directors in a massive bribery, racketeering and pay-to-play scheme with Ohio legislators, ruling that not only have the parties failed to provide sufficient notice of their motion but also that several other factors exist that support denying the motion....