An investigation was announced for investors in shares of Chesapeake Energy Corporation (NYSE:CHK) was announced over possible breaches of fiduciary duties by certain directors.
Investors who purchased shares of Chesapeake Energy Corporation (NYSE:CHK) shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Chesapeake Energy Corporation (NYSE:CHK officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Chesapeake Energy Corporation reported that its annual Total Revenue declined from over $12.76 billion in 2015 to over $7.87 billion in 2016 and that its Net Loss declined from over $14.68 billion in 2015 to over $4.4 billion in 2016.
Shares of Chesapeake Energy Corporation (NYSE:CHK) declined from $30.47 per share in June 2014 to as low as $1.59 per share in February 2016.
On April 13, 2017, NYSE:CHK shares closed at $5.89 per share.
Those who purchased NYSE:CHK shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com