Lawsuit suggests Obama secret agenda to bring down coal miner Massey Energy
Executives of Massey Energy Co (MEE.N) believed President Barack Obama had a secret agenda to bring down the coal company after 29 men were killed in an accident at one of its mines last year, a lawsuit shows.
The charge came in a class action suit by investors who seek to block Massey’s pending $7 billion takeover by Alpha Natural Resources Inc (ANR.N) as they press their claims for about $1 billion in losses from alleged Massey mismanagement.
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