Earlier this month, Chesapeake Energy Corp. revealed that it has been subpoenaed by the U.S. Department of Justice, along with multiple states, over alleged wrong-doing in the company's business dealings.
Federal prosecutors and state attorneys have demanded that the company turn over documents, provide information, and give testimony in cases centering on the royalty payments that Chesapeake Energy pays to landowners who allow them to tap the shale oil and gas beneath the surface of their land.
Separately, the company said, it has received subpoenas from both federal and state attorneys general over potential violations of anti-trust laws, the laws designed to protect against abuse of monopoly power or collusion between competitors.
This is hardly the first time the company has found itself in legal trouble.
Across the U.S., Chesapeake faces a large number civil lawsuits from angry landowners, investors and other business partners. In Pennsylvania and Michigan, it faces racketeering counts, under the same law often used to convict members of organized crime. In Texas and Oklahoma, dozens of landowners have sued the company for shortchanging them.