Federman & Sherwood Announces Investigation of Cheniere Energy, Inc., Carl Icahn & Icahn Related Representatives for Possible...
August 15 2019 - 11:15AM
Business Wire
Federman & Sherwood, a boutique litigation law firm with
offices in Texas and Oklahoma, is investigating transactions in
Cheniere Energy, Inc. (NYSE American: LNG) stock by Carl Icahn
(“Icahn”) and potential breaches of fiduciary duty by his
representatives or Cheniere board members Samuel Merksamer, Neal
Shear and Gian Andrea Botta, among others. The allegations, only
recently disclosed and withheld from the public, include statements
including insider trading by Icahn and breaches of fiduciary duty
by Cheniere board members to effectively do Icahn’s bidding and
oust Cheniere founder, and then Chairman and CEO Charif Souki
(“Souki”). The allegations include possible payoffs to board
members of both cash and favors to oust Souki and to kill long-term
projects by Cheniere for short term profits, only to later get
involved in protracted and expensive litigation, including with
Souki.
If you have information about the events including the ouster of
Charif Souki, allegations of insider trading by Carl Icahn or
breaches of fiduciary duty by the Board of Cheniere, please contact
William Federman at (405) 235-1560 or by email wbf@federmanlaw.com.
Federman & Sherwood has extensive nationwide experience in
representing investors in securities, derivative and merger-related
shareholder class actions, and has been appointed as lead counsel
in multiple complex cases.
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Allicia Bolton FEDERMAN & SHERWOOD Telephone: (405) 235-1560
Email to: adb@federmanlaw.com
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