SEC begins probe of Chesapeake CEO's well stakes
1 of 3. Chief Executive Officer, Chairman, and Co-founder of Chesapeake Energy Corporation Aubrey McClendon walks through the French Quarter in New Orleans, Louisiana in this March 26, 2012 file photo.
NEW YORK (Reuters) - The Securities and Exchange Commission has opened an informal inquiry into Chesapeake Energy Corp's controversial program that granted Chief Executive Aubrey McClendon a share in each of the natural gas producer's wells, a source familiar with the matter said on Thursday.
Credit: Reuters/Sean Gardner/Files
Ernest Scheyder and Matt Daily
NEW YORK
Thu Apr 26, 2012 1:53pm
link-
http://www.reuters.com/article/2012/04/26/us-chesapeake-idUSBRE83P0PX20120426