Chesapeake Energy panel: No intentional misconduct by CEO Aubrey McClendon

Chesapeake Energy Corp. has found no evidence of misconduct by CEO Aubrey McClendon after a board panel reviewed his personal finances.

 
BY JAY F. MARKS | Modified: February 20, 2013 at 9:54 pm | Published: February 21, 2013   

Chesapeake Energy Corp. on Wednesday absolved itself and outgoing CEO Aubrey McClendon of any wrongdoing in dealings that raised allegations of shoddy governance at the Oklahoma City-based oil and natural gas company.

photo - Flowers grow in front of a sign at the Chesapeake campus in Oklahoma City.  AP Archives Photo
Flowers grow in front of a sign at the Chesapeake campus in Oklahoma City. AP Archives Photo

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The announcement likely will not mark the end of the scrutiny facing Chesapeake, which is being investigated by at least four federal and state agencies. Its board also faces more than a dozen...
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