Massey Energy Faces Shareholder Suits

Summary


In an open letter given to the media before the news conference, Massey emphasized its commitment to safety compliance and ethics is supported and encouraged by the company's strong board of directors and a highly qualified internal audit committee.

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Extract


Massey Energy Faces Shareholder Suits

CHARLESTON - Massey Energy Co. and its board of directors face new shareholder derivative suits in the wake of the April 5 explosion at the Upper Big Branch mine in Montcoal that killed 29 miners.

The International Union of Operating Engineers Pension Fund and the Louisiana Municipal Police Employee'...

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