Share “Oklahoma judge approves Chesapeake...”

Oklahoma judge approves Chesapeake settlement in shareholders’ lawsuit

An Oklahoma County judge has signed off on a settlement in lawsuit filed by Chesapeake Energy Corp. investors upset over CEO Aubrey McClendon’s compensation in 2008.

BY JAY F. MARKS Published: January 31, 2012
The fight over Chesapeake Energy Corp. CEO Aubrey McClendon’s 2008 compensation appears to be winding down.

An Oklahoma County judge on Monday accepted a settlement in a lawsuit filed by several institutional investors that objected to McClendon’s $75 million bonus in 2008 even though the company’s stock price plummeted that year along with natural gas prices.

The fall forced...
Read the rest of the story on has disabled the comments for this article.


  1. 1
    Serge Ibaka makes's Top 25 NBA players
  2. 2
    7 perfect fall foliage drives for taking in the scenery
  3. 3
    EW: Texas football shines bright in exclusive 'My All American' trailer
  4. 4
    Lawton native Rico Noel called up by Yankees as brother awaits new heart
  5. 5
    Oklahoma high school teacher, husband arrested in child abuse case
+ show more


× Trending news Article