Robert Varian Quoted on Chesapeake Energy Shareholder Meeting

Bloomberg | June.07.2012

This article, about a request by shareholders of Chesapeake Energy to postpone the company's annual meeting in order to review additional disclosures from Chesapeake's CEO, quotes securities litigation & regulatory enforcement partner Robert Varian, who represents Chesapeake.

"What plaintiffs are really asking for is that this court erect some sort of barrier between Chesapeake and its shareholders. It would be an extraordinary remedy," he said.

Varian also stated that the U.S. Securities and Exchange Commission had reviewed and approved Chesapeake's shareholder proxy.