Massey Energy Statement on West Virginia Supreme Court Decision Denying Request for Reconsideration in Caperton vs. A.T. Massey Coal
JULIAN, W.Va., March 11 /PRNewswire-FirstCall/ -- Massey Energy Company (NYSE: MEE) today reported that the West Virginia Supreme Court has denied the request of plaintiffs to reconsider the earlier decision in Massey's favor in Caperton vs. A.T. Massey Coal. The Company also notes that the Court allowed it to withdraw a $72 million bond that had been posted while this case was under consideration.
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"The Company is pleased with this result and happy to have this matter finalized," said Shane Harvey, Massey Vice President and General Counsel.
Massey Energy Company, headquartered in Richmond, Virginia, with operations in West Virginia, Kentucky and Virginia, is the largest coal producer in Central Appalachia and is included in the S&P 500 Index.
SOURCE Massey Energy Company
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