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Violation Tracker Individual Record

Company: Chesapeake Energy Corporation
Current Parent Company: Chesapeake Energy
Penalty: $6,950,000
Year: 2019
Date: April 25, 2019
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Chesapeake Energy agreed to pay nearly $7 million to settle litigation brought by landowners alleging the company conspired to fix prices on their oil & gas leases.
Level of Government: federal
Action Type: private litigation
Court: Western District of Oklahoma
Civil or Criminal Case: civil
Case ID: 5:16cv209
Case Name: Thieme et al v. Chesapeake Energy Corporation et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Oklahoma
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: oil and gas
Specific Industry of Current Parent: oil & gas
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.