11thestate
Sep 10, 2:02 PM
FirstEnergy (
$FE)
$100M Settlement FAQ: What Investors Need to Know
Q: What happened?
A: FirstEnergy was accused of hiding its role in a political corruption scheme and failing to disclose related-party payments. The SEC later ordered the company to pay
$100M, which was placed into a Fair Fund for investors.
Q: Am I actually eligible?
A: If you bought
$FE shares between 2017 and 2020, you may be eligible. You don’t need to still hold the stock to claim; past losses can count.
Q: When do payouts happen?
A: Typically, within 4–9 months after the claim deadline. But the exact timing depends on the court and settlement administration.
Check if your eligible and submit your claim: https://11th.com/cases/firstenergycorp-sec-fairfund
0 replies