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Monday, Jun 25
2012, 11:41 AM
New allegations of bid-rigging could prove the final blow for Aubrey McClendon, and Chesapeake...
New allegations of bid-rigging could prove the final blow for Aubrey McClendon, and Chesapeake (CHK -8.2%) could be facing enormous legal headaches as the Justice Department recently has shown interest in prosecuting oil and gas collusion. A case earlier this year indicates the agency likely wouldn't be swayed by claims from CHK and Encana (ECA -5.1%) that they were looking to work on a JV.