OEC Statement on AEP to Pay $19M for Confirmed Role in HB 6 Scandal
January 18, 2025
January 18, 2025
COLUMBUS, Ohio, Jan. 18 -- The Ohio Environmental Council issued the following news release on Jan. 17, 2025:
Today, the Securities and Exchange Commission announced that American Electric Power (AEP) will pay $19M to settle the investigation into the utility's role in the House Bill 6 Scandal. The SEC determined AEP made the following violations of the Exchange Act: issued a misleading press release around their role in fully funding Empowering Ohio, failed to disclose transac . . .
Today, the Securities and Exchange Commission announced that American Electric Power (AEP) will pay $19M to settle the investigation into the utility's role in the House Bill 6 Scandal. The SEC determined AEP made the following violations of the Exchange Act: issued a misleading press release around their role in fully funding Empowering Ohio, failed to disclose transac . . .