Four stockholder lawsuits filed against Chesapeake/Southwestern merger; company supplements proxy to moot claims

EXPAND ENERGY Corp

Four complaints filed in New York federal and state courts by Chesapeake and Southwestern stockholders.
Allegations include violations of Exchange Act Sections 14(a) and 20(a), breach of fiduciary duties, and negligent misrepresentation.
Chesapeake voluntarily amends proxy with supplemental disclosures on EBITDAX components, share counts, and financial analyst tables.
Company denies allegations, saying disclosures comply with law; supplementing to avoid delay, cost, and distraction.

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