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SEC Ends Chesapeake Probe Over Ex-CEO's Gas Well Perk

By Stephanie Russell-Kraft ( May 8, 2014, 6:01 PM EDT) -- Chesapeake Energy Corp. announced Wednesday that the U.S. Securities and Exchange Commission's Fort Worth, Texas, regional office will not pursue an enforcement action over an arrangement that allowed the company's former CEO to borrow $1.1 billion against his stakes in the company's gas wells....

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