FirstEnergy Corp. has reached a settlement with the Securities and Exchange Commission (SEC) following an investigation into its involvement in a political corruption scheme in Ohio. The utility company has been ordered to pay $100 million for misleading investors about its role in the $60 million bribery scandal. The SEC found that Akron-based FirstEnergy violated antifraud provisions by misrepresenting its involvement and failing to disclose related payments. The settlement also resolves issues related to the company's books and records and internal controls. Former CEO Chuck Jones faces a lawsuit for securities violations related to the scheme.