fb tracking

Carl Icahn & FirstEnergy Try To Stop State Review Of Their Transaction

By Tyson Slocum

In comments we filed today with the Federal Energy Regulatory Commission in Docket No. EC21-77, we bring to the Commission’s attention efforts by FirstEnergy and Carl Icahn to squelch efforts by Maryland regulators to review their proposed transaction. Back in April, FirstEnergy and Icahn asked FERC to approve allowing two of Icahn’s executives to have voting rights on FirstEnergy’s board, without deciding whether that would make Icahn an affiliate of the utility. We continue our efforts to protect consumers from the actions of hedge funds and corporate raiders like Icahn and hold them accountable. Read our filing here: FEIcahnMD