Law360, New York (May 02, 2012, 4:37 PM ET) -- Chesapeake Energy Corp. CEO Aubrey McClendon apologized to investors on Wednesday for a scandal related to his personal finances that has spawned legal actions, eager to move on even as a U.S. senator called for a federal investigation into possible fraud.
In a conference call with investors, McClendon made his first public statements since news broke last month that he had taken out $1.1 billion in personal loans secured by personal interests in thousands of Chesapeake wells.
Nevertheless, legal troubles are intensifying over the matter. Following...
Chesapeake CEO 'Deeply Sorry' As Sen. Calls For Fraud Probe
To view the full article, take a free trial now.
