A participant in the Seventy Seven Energy Inc. Retirement & Savings Plan has filed a lawsuit on behalf of the plan and a class of similarly situated participants in the plan against the 401(k) Fiduciary Committee, other plan fiduciaries, as well as Delaware Charter Guarantee & Trust Company d/b/a Principal Trust Company. The lawsuit alleges that Committee Defendants and Principal Trust …
The Chesapeake School Board has settled a lawsuit brought by the family of a boy with Down syndrome and a history of autism. The lawsuit alleged school personnel strapped him into a chair as a means of behavior control. Initially, the lawsuit included both the school board and 10 unnamed employees, but the employees were removed, leaving the school board as the only …
Lundin Law PC , a shareholder rights firm, announces a class action lawsuit against Chesapeake Energy Corporation (“Chesapeake” or the “Company”) (NYSE: CHK; CHKDG) concerning possible violations of federal securities laws between February 27, 2015 and September 28, 2016 (the “Class Period”). Investors, who purchased or otherwise acquired shares …
Attorney General Brian Frosh (D). (Jonathan Newton/The Washington Post) By Fenit Nirappil August 29 at 4:21 PM Follow @FenitN The owners of two Maryland power plants in the Washington suburbs will pay $1 million to settle a federal lawsuit alleging illegal releases of nitrogen into rivers, a leading cause of pollution in the Chesapeake Bay. State Attorney General Brian E. Frosh (D) and Maryland …
A landowner couple in Bradford County, PA, Edward and Kathleen Ostroski, filed a royalty lawsuit against Chesapeake Energy claiming Chesapeake was screwing them out of money by conducting “creative” accounting and deducting expenses that shouldn’t be deducted. Seems like there’s hardly a state where Chessy drills where someone …
Tarrant County College announced Wednesday that it is settling its lawsuit against Chesapeake Energy for underpayment of natural gas lease royalties for $1.1 million. The community college district filed its lawsuit in November 2014, accusing Chesapeake of undercutting its payments to the institution by improperly deducting post-production costs and failing to properly market the gas on the …
The Fort Worth City Council on Tuesday will vote on settling a lawsuit in which it claimed Chesapeake Energy Corporation cheated taxpayers out of millions of dollars in royalties for natural gas it drilled under city land. It is not immediately clear how much the proposed settlement is worth. A notation on the council agenda said the terms will be made public but did not specify when.
Chesapeake lawyers state a class action lawsuit filed in Stephens County is a waste of judicial resources and should join similar petitions filed in federal court. McAfee & Taft attorneys representing Chesapeake Energy corporation filed documents at the Stephens County Courthouse April 22 for a stay of a class action lawsuit brought against the oil titan seeking restitution for oil lease …
A class action lawsuit filed in Stephens County seeks restitution for oil lease holders victimized during a conspiracy to rig bids and depress prices for oil and natural gas leaseholds. The petition filed by the Sill Law Group, an Edmond law firm, names Chesapeake Energy Corporation, Chesapeake Exploration L.L.C., Chesapeake Exploration L.P., SandRidge Energy and Tom Ward as defendants who…
Federal authorities sought Thursday to drop a criminal indictment of bid rigging against Oklahoma energy tycoon Aubrey McClendon, who died in a fiery single-car crash just hours after the indictment was announced. Meanwhile, attorneys for a northwest Oklahoma landowner filed a class-action lawsuit Thursday against McClendon’s former company, Chesapeake Energy, alleging a conspiracy that …