Six hydrofracking firms hit with New York State subpoenas – New York Daily News

BY KENNETH LOVETT
DAILY NEWS WRITER
Tuesday, June 28, 2011

ALBANY – Six companies that are involved in a controversial natural gas drilling technique and are eying a move into New York have been slapped with subpoenas, the Daily News has learned.

Sources said Attorney General Eric Schneiderman wants documents relating to the disclosures that the companies made to investors about the risks of so-called hydrofracking drilling, which relies on chemicals.

He’s also seeking information on any enforcement actions and lawsuits against the companies.

The AG wants to make sure the companies are properly disclosing information to investors and the federal Securities and Exchange Commission, the sources said.

READ FULL ARTICLE Six hydrofracking firms hit with New York State subpoenas – New York Daily News.

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