Posts tagged "Chesapeake"

Penny Stock News: Chesapeake Energy Corp. (CHKDP: OTCQB) | SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Chesapeake Energy Corporation of Class Action Lawsuit and Upcoming Deadline – CHK

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Chesapeake Energy Corporation of Class Action Lawsuit and Upcoming Deadline – CHK Nov 25, 2016 OTC Disclosure & News Service – NEW YORK, Nov. 25, 2016 (GLOBE NEWSWIRE) — Pomerantz LLP announces that a class action lawsuit has been filed against Chesapeake Energy Corporation (“Chesapeake” or the “Company”) (NYSE:CHK) and certain of its officers.   The class action, filed in United States District Court, Western District of Oklahoma, and docketed under 16-cv-01150, is on behalf of a class consisting of all persons or entities who purchased or otherwise acquired Chesapeake securities between February 27, 2015 and September 28, 2016 both dates inclusive (the “Class Period”).  This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the “Exchange Act”).  If you are a shareholder who purchased Chesapeake securities during the Class Period, you have until December 5, 2016 to ask the Court to appoint you as Lead Plaintiff for the class.  A copy of the Complaint can be obtained at www.pomerantzlaw.com.   To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll free, […]

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Posted by admin - November 25, 2016 at 2:19 pm

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Penny Stock News: Chesapeake Energy Corp. (CHKDP: OTCQB) | CHK ALERT: Rosen Law Reminds Chesapeake Energy Corporation Investors of Important Deadline in Class Action – CHK

NEW YORK, Nov. 23, 2016 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of Chesapeake Energy Corporation securities (NYSE: CHK) from February 27, 2015 through September 28, 2016, both dates inclusive (the “Class Period”) of the important December 5, 2016 deadline in the class action. The lawsuit seeks to recover damages for Chesapeake investors under the federal securities laws. To join the Chesapeake class action, go to http://www.rosenlegal.com/cases-986.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action. NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. According to the lawsuit, throughout the Class Period defendants issued false and misleading statements to investors and/or failed to disclose that: (1) Chesapeake had improperly accounted for the acquisition and classification of oil and gas properties; (2) Chesapeake lacked effective internal financial controls; and (3) as a result of the foregoing, Chesapeake’s public statements were materially false and misleading […]

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Posted by admin - November 23, 2016 at 4:18 pm

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Penny Stock News: Chesapeake Energy Corp. (CHKDP: OTCQB) | Chesapeake Energy Corporation’s Recent Transactions Significantly Improve Capital Structure

OKLAHOMA CITY, Oct. 5, 2016 /PRNewswire/ — Chesapeake Energy Corporation (NYSE:CHK) today provided an update on the significant improvements in its capital structure following recent transactions. Today, the company closed a private placement of $ 1.25 billion of unsecured convertible senior notes, with a provisional call feature that will give Chesapeake an opportunity to convert the debt to equity in three years if the company’s stock trades above 130% of the conversion price for a specified period. The company’s cash on hand as of September 30, and pro forma for the convertible debt issuance, was approximately $ 1.0 billion with no borrowings on its revolving bank credit facility. Additionally, today the company closed privately negotiated purchase and exchange agreements under which the company exchanged approximately 110.3 million shares of its common stock for (i) 134,000 shares of 5.00% Cumulative Convertible Preferred Stock (Series 2005B), (ii) 606,271 shares of 5.75% Cumulative Convertible Preferred Stock and (iii) 553,007 shares of 5.75% Cumulative Convertible Preferred Stock (Series A). This amount of preferred stock represents approximately $ 1.2 billion of liquidation value, which was exchanged at a discount of over 40 percent. As a result of these exchange transactions, the company’s common shares currently outstanding are […]

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Posted by admin - October 5, 2016 at 9:44 pm

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Penny Stock News: Chesapeake Energy Corp. (CHKDP: OTCQB) | SHAREHOLDER ALERT: Lundin Law PC Announces an Investigation of Chesapeake Energy Corporation and Advises Investors with Losses In Excess of $100,000 to Contact the Firm

SHAREHOLDER ALERT: Lundin Law PC Announces an Investigation of Chesapeake Energy Corporation and Advises Investors with Losses In Excess of $ 100,000 to Contact the Firm Oct 03, 2016 OTC Disclosure & News Service – Lundin Law PC (http://lundinlawpc.com/) announces that it is investigating claims against Chesapeake Energy Corporation (“Chesapeake” or the “Company”) (NYSE: CHK) concerning possible violations of federal securities laws. To get more information about this investigation, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via email at brian@lundinlawpc.com. The investigation concerns whether Chesapeake and certain of its officers and/or directors violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. On September 29, 2016, Chesapeake announced that it received a subpoena from the U.S. Department of Justice seeking information on its accounting methods for the acquisition and classification of oil and gas properties. Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. View source version on businesswire.com: http://www.businesswire.com/news/home/20161003006580/en/ Copyright © 2016 Businesswire. All Rights Reserved The above news release has been provided […]

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Posted by admin - October 3, 2016 at 11:43 pm

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Penny Stock News: Chesapeake Energy Corp. (CHKDP: OTCQB) | Chesapeake Energy Corporation Announces Pricing And Upsizing Of Private Placement Of $1.1 Billion Of Convertible Senior Notes

OKLAHOMA CITY, Sept. 29, 2016 /PRNewswire/ — Chesapeake Energy Corporation (NYSE:CHK) today announced that it has priced its private placement to eligible purchasers of $ 1.1 billion aggregate principal amount of 5.5% convertible senior notes due 2026. The private placement was upsized from a previously announced amount of $ 850 million. The company also has granted the initial purchasers a 30-day option to purchase up to an additional $ 150 million aggregate principal amount of notes. The notes will be convertible, under certain specified circumstances, into cash, Chesapeake common stock or a combination of cash and Chesapeake common stock, at Chesapeake’s election. The conversion rate will initially equal 116.7134 shares of common stock per $ 1,000 principal amount of notes (equivalent to an initial conversion price of approximately $ 8.57 per share of common stock). The conversion rate will be subject to adjustment in certain events but will not be adjusted for any accrued and unpaid interest. The notes will bear interest at a rate of 5.5% per annum. The notes will mature on September 15, 2026 and may not be redeemed by Chesapeake prior to September 15, 2019. Chesapeake may redeem for cash all or part of the notes, at […]

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Posted by admin - September 30, 2016 at 12:08 am

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Penny Stock News: Chesapeake Energy Corp. (CHKDP: OTCQB) | INVESTOR ALERT: Goldberg Law PC Announces an Investigation of Chesapeake Energy Corporation and Advises Investors with Losses to Contact the Firm

INVESTOR ALERT: Goldberg Law PC Announces an Investigation of Chesapeake Energy Corporation and Advises Investors with Losses to Contact the Firm Sep 29, 2016 OTC Disclosure & News Service – Goldberg Law PC announces that it is investigating Chesapeake Energy Corporation (“Chesapeake” or the “Company”) (NYSE: CHK; CHKDG) concerning possible violations of federal securities laws. If you purchased or otherwise acquired Chesapeake shares and would like more information regarding the investigation, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at info@goldberglawpc.com. The investigation concerns whether Chesapeake and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. On September 29, 2016, the Company announced that it received a subpoena from the U.S. Department of Justice seeking information on Chesapeake’s accounting methods for the acquisition and classification of oil and gas properties. If you have any questions concerning your legal rights, please immediately contact Goldberg Law PC at 800-977-7401, or visit […]

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Posted by admin - September 29, 2016 at 10:58 pm

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Penny Stock News: Chesapeake Energy Corp. (CHKDP: OTCQB) | INVESTOR ALERT: Goldberg Law PC Announces an Investigation of Chesapeake Energy Corporation and Advises Investors with Losses to Contact the Firm

INVESTOR ALERT: Goldberg Law PC Announces an Investigation of Chesapeake Energy Corporation and Advises Investors with Losses to Contact the Firm Sep 29, 2016 OTC Disclosure & News Service – Goldberg Law PC announces that it is investigating Chesapeake Energy Corporation (“Chesapeake” or the “Company”) (NYSE: CHK; CHKDG) concerning possible violations of federal securities laws. If you purchased or otherwise acquired Chesapeake shares and would like more information regarding the investigation, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at info@goldberglawpc.com. The investigation concerns whether Chesapeake and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. On September 29, 2016, the Company announced that it received a subpoena from the U.S. Department of Justice seeking information on Chesapeake’s accounting methods for the acquisition and classification of oil and gas properties. If you have any questions concerning your legal rights, please immediately contact Goldberg Law PC at 800-977-7401, or visit […]

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Posted by admin - September 29, 2016 at 9:47 pm

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Penny Stock News: SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Chesapeake Energy Corporation (CHK; CHKDG)

Contact Us Journalists Blog Log In Sign Up Send a Release News in Focus Business & Money Science & Tech Lifestyle & Health Policy & Public Interest People & Culture 15:56 ET Preview: SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of National Beverage Corp. (FIZZ) Release contains wide tables.View fullscreen. News in Focus Browse News Releases Multimedia Gallery Trending Topics Business & Money Auto & Transportation Business Technology Entertain­ment & Media Financial Services & Investing General Business Science & Tech Consumer Technology Energy Environ­ment Heavy Industry & Manufacturing Telecomm­unications Lifestyle & Health Consumer Products & Retail Entertain­ment & Media Health Sports Travel Policy & Public Interest People & Culture News in Focus Business & Money Science & Tech Lifestyle & Health Policy & Public Interest People & Culture PR Newswire: OTC, SmallCap

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Posted by admin - September 29, 2016 at 8:18 pm

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Penny Stock News: Chesapeake Energy Corp. (CHKDP: OTCQB) | Chesapeake Energy Corporation Announces Final Results Of Cash Tender Offers For Non-Convertible Senior Notes

OKLAHOMA CITY, Sept. 27, 2016 /PRNewswire/ — Chesapeake Energy Corporation (NYSE: CHK) announced today the expiration and final results of its offers to purchase for cash (the “Tender Offers”) up to $ 800,000,000 aggregate purchase price (exclusive of accrued interest) (the “Aggregate Maximum Purchase Amount”) of the outstanding notes of Chesapeake set forth in the table below (collectively, the “Notes”).  As of 11:59 p.m., New York City time, on September 26, 2016 (such date and time, the “Expiration Date”), Chesapeake received valid tenders totaling approximately $ 933.3 million aggregate principal amount of the Notes. The following table sets forth the approximate aggregate principal amounts of each series of Notes that were tendered and not withdrawn on or prior to the Expiration Date:  Series of Notes CUSIP Number/ ISIN Aggregate Principal Amount Outstanding Prior to Tender Offers Approximate Aggregate Principal Amount of Notes Tendered Aggregate Principal Amount Accepted on Early Settlement Date Tender Caps(1) Acceptance Priority Level Total Consideration(2) (3) 6.25% Euro-denominated Senior Notes due 2017 XS0273933902 €302,108,000 €36,208,000 €35,958,000 $ 400,000,000 1 €1,000.00 6.5% Senior Notes due 2017 165167BS5 $ 315,126,000 $ 82,725,000 $ 82,374,000 1 $ 1,000.00 7.25% Senior Notes due 2018 165167CC9 $ 531,138,000 $ 71,267,000 $ 70,968,000 1 […]

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Posted by admin - September 27, 2016 at 11:58 am

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Penny Stock News: Chesapeake Gold Corp. (CHPGF: OTCQX International) | Chesapeake Announces Updated Pre-Feasibility Study for Metates

Chesapeake Announces Updated Pre-Feasibility Study for Metates Mar 14, 2016 OTC Disclosure & News Service Vancouver, BC, Canada This release includes additional documents. Select the link(s) below to view. ChesapeakeGold_2016_03_07_140.pdf Copyright © 2016 OTC Markets. All Rights Reserved The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases. OTC Markets Group – News, Filings & Corporate Actions

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Posted by admin - March 14, 2016 at 11:30 pm

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