NEW YORK, March 2, 2016 /PRNewswire/ -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Chesapeake Energy Corporation ("Chesapeake" or the "Company") (NYSE: CHK). Such investors are advised to contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz at info@bgandg.com or 212-697-6484.
This investigation concerns whether Chesapeake and certain of its officers and/or directors have violated the Federal Securities Laws under the Securities Exchange Act of 1934 (the "Exchange Act").
On March 1, 2016, a federal grand jury charged Chesapeake Energy's Aubrey McClendon, former CEO, on charges of conspiring with an unidentified company to rig the oil and gas prices in Oklahoma. The indictment alleged that McClendon arranged a campaign to keep the oil and gas bid prices down from 2007 to 2012, during his time as CEO and amid a land-leasing boom across the U.S.
Following this news, Chesapeake Energy stock has fallen as much as $0.14, or more than 5%, to $2.62 during intraday trading on March 2, 2016.
If you are aware of any facts relating to this investigation, or purchased shares of Chesapeake, you can assist this investigation by visiting the firm's site: http://www.bgandg.com/#!chk/hnu79. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC