Florida Power & Light: Enlightening Us With Ghosts, Denials & Billion-Dollar Oopsies
⚡️ Florida Power & Light: Enlightening Us With Ghosts, Denials & Billion-Dollar Oopsies 👻💡
A Sarcastic, Pretentious & Very Necessary Article — sprinkled with icons, because journalism is nothing without emojis.
Ah, Florida Power & Light — the company that brings electricity to millions, illuminates our homes, and, allegedly, funds ghost candidates to quietly tilt democracy like it’s playing Mario Kart with the steering wheel “accidentally” nudged. 🎮⚡️
And now, thanks to a fresh ruling from the 11th U.S. Circuit Court of Appeals, FPL and its parent company, NextEra Energy, get to relive their greatest hits in court. Again. 🎉📜
👻 Ghosts in the Voting Machine
According to allegations, FPL funneled money through political-consulting firm Matrix LLC to support “ghost” candidates — those delightful ballot apparitions who exist solely to siphon votes from actual humans running for office.
Democracy, but make it Halloween chic. 🎃🗳️
One such ghost candidate, Alex Rodriguez (no relation to that A-Rod… probably), captured 6,382 votes in a 2020 race decided by 32 votes.
Democracy: Florida Edition™. 🏝️😬
📉 The $14 Billion Facepalm
Back in January 2023, NextEra finally dropped some unscheduled disclosures — the corporate equivalent of a student whispering, “Okay, so maybe I did lose the frog we were dissecting…” 🐸📚
These disclosures mentioned:
Possible legal risks
Potential reputational damage
Oh, and that tiny situation involving alleged political misconduct
Plus the sudden departure of FPL CEO Eric Silagy 🚪➡️😶
The market reacted calmly and rationally by instantly erasing 8.7% of NextEra’s stock value, amounting to just $14+ billion.
Pocket change, really. 💸🕳️
🧑⚖️ Judge Cannon: “Nothing New Here!”
U.S. District Judge Aileen Cannon originally tossed the lawsuit, basically saying:
“These disclosures look the same. Move along. Nothing spooky here.” 👩⚖️🙅♀️
But the appeals court disagreed — politely, academically, and with the subtle sharpness of a professor explaining why your essay is bad but in a 38-page opinion.
They wrote that the January 2023 disclosure was:
More comprehensive 📘
More specific 🧠
More “hey maybe we actually did a thing” 🫣
Or, as Judge Tjoflat basically said: “Let’s not over-Venn-diagram this, but yeah… it’s different.” 🔵🔴⚪️
🔥 Loss Causation: The Investors Want Answers
The lead plaintiffs — police and firefighter pension funds — claim that misleading statements cost them serious money.
Because no one likes discovering their investment dropped billions because your power company may have moonlighted as a political puppeteer. 🎭💼💸
🏛️ The Ghosts Return to Court
The appeals court has officially revived the lawsuit, sending it back to Judge Cannon with a judicial equivalent of:
“Try again. Like, properly this time.” ✍️⚖️
So now FPL and NextEra get to:
Re-explain what they meant by “no basis” 😇
Revisit their “we deny everything” strategy 🙈
And confront whether a ghost candidate scandal actually can spook a stock price 👻📉
Spoiler: investors think yes.
💬 Final Thoughts (delivered with exquisite pretentiousness)
In the grand opera of Florida politics — a stage decorated with palm trees, questionable campaign finances, and apparently ghosts — this lawsuit is the aria we didn’t know we needed. 🎭🌴
Will the truth emerge?
Will investors get justice?
Will FPL stop powering democracy with… alternative energy sources? ⚡️🗳️✨
Stay tuned.
Same ghost time.
Same ghost channel. 👻📺