May 18th, 2010
05:32 AM ET

After deadly mine disaster, Massey meeting may turn ugly

Protesters plan to picket the annual shareholders meeting of Massey Energy Co. on Tuesday. The company is weathering the fallout from the deadliest mine disaster in 25 years as well as the prospect of a criminal investigation.

Massey runs the Upper Big Branch coal mine where an explosion killed 29 workers on April 5.

The United Mine Workers of America said they will lead a march from Massey headquarters in Richmond, Virginia, to Jefferson hotel, where the meeting will take place.

Inside, Massey executives may face harsh questioning after the coal mining company's shares plunged 10 percent on Monday following a report that indicated the company may face a criminal probe.

Federal prosecutors are investigating possible "willful criminal activity" by " directors, officers and agents" of Massey subsidiary Performance Coal at the Upper Big Branch coal mine, The Wall Street Journal reported on Saturday.


Filed under: U.S.
soundoff (2 Responses)
  1. JohnB

    When will someone call these Massey executives by their rightful name – MURDERERS?

    May 18, 2010 at 5:48 am | Report abuse |
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    May 18, 2010 at 7:36 am | Report abuse |