/EINPresswire.com/ -- NEW YORK, NY--(Marketwired - October 19, 2016) - The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Chesapeake Energy Corporation ("Chesapeake") (NYSE: CHK) between February 27, 2015 and September 28, 2016.

You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Western District of Oklahoma. If you purchased or otherwise acquired Chesapeake Energy between February 27, 2015 and September 28, 2016, your rights may be affected by this action. To get more information go to:

http://www.zlk.com/pslra/chesapeake-energy-corporation

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Chesapeake had improperly accounted for the classification and acquisition of gas and oil properties; (2) Chesapeake lacked effective internal financial controls; and (3) subsequently, the Company's public statements were materially false and misleading at all relevant times.

If you suffered a loss in Chesapeake Energy Corporation you have until December 5, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation involving financial fraud, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.