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Sen Bill Nelson Seeks DoJ Probe Into Chesapeake Energy -Reuters

DOW JONES NEWSWIRES U.S. Sen. Bill Nelson (D., Fla.) plans to ask the Department of Justice to begin a probe of Chesapeake Energy Corp. (CHK) for possible price manipulation and fraud, Reuters reported Wednesday, citing an aide to the Florida Democrat. Nelson's action comes as a response to a Reuters report that Chesapeake Chief Executive Aubrey McClendon ran a separate, $200 million hedge fund, trading in commodities, according to the report. Following controversy about about McClendon's use of personal shares in company wells as collateral against more than $1 billion in loans, he decided to step down from his chairman role. Full story at http://www.reuters.com/article/2012/05/02/chesapeake-doj-probe-idUSL1E8G2MNB20120502 -Dow Jones Newswires; 212-416-2900

Stock News for Chesapeake (CHK)
DateTimeHeadline
02/27/201509:23:51Icahn Investments Hit by Energy, Posts First Annual Loss Since...
02/27/201508:57:20Icahn's Investments Again Hit by Energy Prices
02/26/201510:44:02MARKET SNAPSHOT: S&P End Little Changed; Dow Ekes Out Record...
02/25/201517:06:21Dow Inches Up to a New Record
02/25/201515:35:14MARKET SNAPSHOT: U.S. Stocks Turn Lower In Late Trading
02/25/201514:04:14Chesapeake Energy Cuts Rig Operations -- Update
02/25/201513:56:22MARKET SNAPSHOT: U.S. Stocks Edge Higher To Record Levels
02/25/201511:36:03MARKET SNAPSHOT: U.S. Stocks Retreat From Records As Investors...
02/25/201511:35:13MARKET SNAPSHOT: U.S. Stocks Retreat From Records Ahead Of Yellen...
02/25/201509:15:11MARKET SNAPSHOT: U.S. Stocks: Wall Street Awaits More Action...
02/25/201508:08:00Chesapeake Energy Cuts Rig Operations After Disappointing Earnings
02/25/201507:54:16MARKET SNAPSHOT: U.S. Stocks: Wall Street Set To Take A Breather...
02/17/201512:20:48Chesapeake Energy Accuses Ousted Founder Of Taking Sensitive...

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