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Chesapeake shareholders sue McClendon, board over loan report

By: Yossel in NUTS & BOLTS | Recommend this post (0)
Sat, 21 Apr 12 2:02 PM | 154 view(s)
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Chesapeake shareholders sue McClendon, board over loan report

At least two Chesapeake Energy Corp. shareholders have asked a federal judge to shut down a program that lets CEO Aubrey McClendon buy a stake in all of the company's wells after a wire service reported McClendon had secured up to $1.1 billion in personal loans to fund the purchases since 2008. .


Jay F. Marks
Published: April 21, 2012

Read more: http://newsok.com/chesapeake-shareholders-sue-mcclendon-board-over-loan-report/article/3668031#ixzz1sfR1f1CH

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http://newsok.com/chesapeake-shareholders-sue-mcclendon-board-over-loan-report/article/3668031




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