Excerpt:
Scandal-tainted Ohio utility FirstEnergy has persuaded an appellate court to grant mid-case review of the trial court decision allowing investors to bring classwide securities fraud claims against the company. The 6th U.S. Circuit Court of Appeals granted FirstEnergy’s petition for interlocutory review on Thursday, signaling that the appellate court wants to be sure U.S. District Judge Algenon Marbley of Columbus, Ohio, properly certified a class of FirstEnergy shareholders and noteholders to pursue [...]