Walter Energy (WLT +4.3%) shares surge as Audley Capital Advisors says it will nominate five...

|About: Walter Energy, Inc. (WLT)|By:, SA News Editor

Walter Energy (WLT +4.3%) shares surge as Audley Capital Advisors says it will nominate five candidates for the board of the coal producer at the upcoming shareholders meeting. Audley says WLT "has consistently failed to deliver shareholder value as a result of questionable financial decisions and poor management."