Walter Energy (WLT -6.9%) CEO Walter Scheller says Audley Capital hasn't communicated directly...

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

Walter Energy (WLT -6.9%) CEO Walter Scheller says Audley Capital hasn't communicated directly with the company but the fund's proposal to change WLT's board may prove "disruptive." Stifel Nicolaus fears the effort revives the 2011 dispute that led to the early exit of the former WLT CEO, and "neither side in a reopening of the dispute would be likely to emerge spotless."