Dump Chesapeake Director Duo, Top NY Moneyman Says

Law360, New York (May 29, 2012, 2:48 PM EDT) -- New York's comptroller said Tuesday that Chesapeake Energy Corp. shareholders should push to oust two directors who were in charge of company audits at the time CEO Aubrey McClendon was allowed to take $1.1 billion in loans that sparked lawsuits and a federal probe.

Thomas P. DiNapoli, trustee of a state retirement fund that held 3.5 million shares in the Oklahoma City-based company as of May 18, became the latest voice from the Empire State to come out against the board's makeup days after Chesapeake threw its...
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