The SEC has opened an informal inquiry into Chesapeake's (CHK -1.6%) program that granted Aubrey...

|About: Chesapeake Energy Corporation (CHK)|By:, SA News Editor

The SEC has opened an informal inquiry into Chesapeake's (CHK -1.6%) program that granted Aubrey McClendon a share in each of the natural gas producer's wells, Reuters reports. Major shareholder David Dreman questions whether CHK's new statements that its directors had never reviewed or approved McClendon's actions were prompted by the SEC probe.

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