OKLAHOMA CITY--(BUSINESS WIRE)--Federman & Sherwood is investigating transactions by Carl Icahn in Cheniere Energy, Inc. (NYSE American: LNG) common stock and potential breaches of fiduciary duty by Icahn’s representatives and Cheniere board members Samuel Merksamer, Neal Shear and Gian Andrea Botta, among others. The allegations include statements including insider trading by Icahn and breaches of fiduciary duty by Cheniere board members to do Icahn’s bidding and oust Cheniere founder, former Chairman and CEO Charif Souki (“Souki”). The allegations include possible agreements with board members to oust Souki and abandon ongoing projects to focus on short term profits, only to later get involved in protracted and expensive litigation, including with Souki.
If you have information about these events including the ouster of Charif Souki, allegations of insider trading by Carl Icahn or breaches of fiduciary duty by the Board of Cheniere, please contact William Federman at (405) 235-1560 or email firstname.lastname@example.org.
Federman & Sherwood has extensive nationwide experience in representing investors in securities, derivative and merger-related shareholder class actions, and has been appointed as lead counsel in multiple complex cases.