NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP announces that it has commenced an investigation of Chesapeake Energy Corporation (“Chesapeake Energy” or the “Company”) (NYSE:CHK) concerning possible violations of federal securities laws by the Company and/or certain of its officers and directors.
On September 29, 2016, Chesapeake announced receipt of a subpoena from the U.S. Department of Justice seeking information concerning the Company’s accounting methodology for the acquisition and classification of oil and gas properties. On this news, the Company’s stock has fallen as much as $0.69, or 10.22%, to $6.06 during intraday trading on September 29, 2016. To obtain additional information about the investigation, go to:
or contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.