Florida energy CEO made millions in stock sales amid company’s political scandal: lawsuit

Former Florida Power & Light CEO Eric Silagy made millions selling his stock as a political scandal rocked the energy company, according to a federal court lawsuit. First reported by the Orlando Sentinel, the lawsuit alleges that current and former officers and board members of NextEra Energy, Inc., the parent company of Florida Power & Light, violated federal securities laws by making “materially false and misleading statements” related to the company’s political spending. The suit was filed in the Southern District of Florida by two investors, Sara Lewis and James Lewis. The suit, filed in O...