PR Newswire | Jul 21, 2020 07:27PM EDT

Previously Owned By FirstEnergy

07/21 18:27 CDT

Investor Alert: Kaplan Fox Investigates Two Energy Harbor Power Plants Previously Owned By FirstEnergy NEW YORK, July 21, 2020

NEW YORK, July 21, 2020 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of FirstEnergy Corp. ("FirstEnergy" or the "Company") (NYSE: FE) and its former subsidiary Energy Harbor Corp. ("Energy Harbor) (OTC: ENGH) . Investors who purchased FirstEnergy or Energy Harbor securities may be affected.

On July 21, 2020, Bloomberg News reported that Federal officials plan to announce charges related to a $60 million bribery case linked to Ohio House Speaker Larry Householder and the bailout of two Energy Harbor nuclear power plants. Reportedly, the investigation is related to Ohio's passage of a law last year that bailed out the two nuclear power plants. House Speaker Householder and four others have been arrested.

Following this news, FirstEnergy and Energy Harbor shares fell significantly during market trading. On July 21, 2020, First Energy shares fell by $7.01 per share, about 17%, to close at $34.25 per share and Energy Harbor shares fell by $7.35 per share, about 21%, to close at $28 per share.

If you purchased FirstEnergy or Energy Harbor securities and would like to discuss our investigation, please contact us by emailing pmayer@kaplanfox.com or by calling (646) 315-9003.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com. If you have any questions about this investigation, your rights, or your interests, please contact:

Frederic S. FoxKAPLAN FOX & KILSHEIMER LLP850 Third Avenue, 14th FloorNew York, New York 10022(646) 315-9003E-mail: ffox@kaplanfox.com

Laurence D. KingKAPLAN FOX & KILSHEIMER LLP1999 Harrison Street, Suite 1560Oakland, California 94612(415) 772-4700Fax: (415) 772-4707E-mail: lking@kaplanfox.com

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SOURCE Kaplan Fox & Kilsheimer LLP