Chesapeake Energy Corp. (CHKDP: OTCQB) | EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Chesapeake Energy Corporation

OTC

EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Chesapeake Energy Corporation – CHK

Nov 11, 2016

OTC Disclosure News Service

Rosen Law Firm, a global investor rights law firm, announces the filing
of a class action lawsuit on behalf of purchasers of Chesapeake Energy
Corporation securities (NYSE:CHK) from February 27, 2015 through
September 28, 2016, both dates inclusive (the “Class Period”). The
lawsuit seeks to recover damages for Chesapeake investors under the
federal securities laws.

To join the Chesapeake class action, go to the firm’s website at 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 at all relevant times. When the true details entered the
market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as
lead plaintiff, you must move the Court no later than December 5, 2016.
A lead plaintiff is a representative party acting on behalf of other
class members in directing the litigation. If you wish to join the
litigation, go to the firm’s website at http://www.rosenlegal.com/cases-986.html
or to discuss your rights or interests regarding this class action,
please contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm
toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com
or kchan@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm
or on Twitter: https://twitter.com/rosen_firm.

Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation.

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