Stock Market & Financial Investment News

News Breaks March 1, 2013 09:00 EDT CHK SEC inquiry of Chesapeake advances to investigation, filing shows Chesapeake Energy (CHK) disclosed in its annual 10-K filing that it was informed in December that an SEC inquiry into its Founder Well Participation Program was being continued as an investigation. According to the filing, on May 2 of last year, the company and its former CEO Aubrey McClendon received notice from the Securities and Exchange Commission that its Fort Worth Regional Office had commenced an informal inquiry into, among other things, certain of the matters alleged in lawsuits related to the executive perk. The company said, "On December 21, 2012, the SEC's Fort Worth Regional Office advised Chesapeake that its inquiry is continuing as an investigation, and it has issued subpoenas for information and testimony. The Company, including Mr. McClendon, is providing information to the SEC in connection with this matter. The Company is also responding to related inquiries from other governmental and regulatory agencies and self-regulatory organizations." News For CHK From The Last 14 Days Check below for free stories on CHK the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. June 19, 2013 07:58 EDT CHK Al Petrie Investor & Media Relations to hold a conference Subscribe for More Information June 17, 2013 16:02 EDT CHK Chesapeake names Chief Compliance Officer Subscribe for More Information June 14, 2013 12:12 EDT CHK Chesapeake says shareholders reject board declassification proposal Subscribe for More Information June 10, 2013 05:57 EDT CHK McClendon wants large slice of his new energy company, WSJ reports Former Chesapeake Energy CEO Aubrey McClendon is pitching Wall Street on his new energy company, American Energy Partners LP, and he wants to raise between $2B and $3B of "initial equity capital" for the exploration-and-production company. But this time It isn't clear he will get what he wants, reports the Wall Street Journal. Reference Link Sign up for a free trial to see the rest of the stories you've been missing.