UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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MASSEY ENERGY COMPANY
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PRESS RELEASE
Massey Energy Company 4 North Fourth Street, Richmond, VA
|
| COMPANY CONTACT: | Media Hotline | FOR IMMEDIATE RELEASE | ||
| 1-877-534-5180 | May 11, 2010 |
Massey Energy Makes Second Request to CtW for Information about
Standing in Shareholder Matters
Richmond, Virginia, May 11, 2010 – Massey Energy Company’s (NYSE: MEE) Vice President and General Counsel Shane Harvey today sent a second request for information to Change to Win (CtW) Investment Group, asking that the organization immediately release information about their standing in shareholder matters.
On May 6, 2010, Mr. Harvey wrote a letter formally requesting detailed information about CtW Investment Group’s standing to disrupt the shareholder proceedings of Massey Energy Company.
To date, CtW has not responded to Massey Energy’s request for transparency. The labor organization, which is described by media publications as an arm of the labor federation Change to Win, is communicating with shareholders directly and continues to publish distorted information about Massey Energy Company and its Directors.
According to published reports, CtW Investment Group may be affiliated with shareholders but is not an actual shareholder of Massey Energy.
A copy of the full letter from Shane Harvey to CtW follows:
Mr. William Patterson
Executive Director
CtW Investment Group
1900 L Street NW, Suite 900
Washington, DC 20036
Dear Mr. Patterson,
On May 6, 2010, I wrote you a letter formally requesting detailed information about CtW Investment Group so as to determine your standing to disrupt the shareholder proceedings of Massey Energy Company.
You have not responded to this most basic request for transparency. However, since my request, I understand that you have communicated with shareholders directly and continued to publish distorted information about Massey Energy Company and its Directors.
The only information we have about CtW Investment Group strongly suggests that your primary, if not only, goal is to actively advance a union-focused agenda. You have refused to provide any information to suggest otherwise.
I asked that you please respond to my May 6, 2010 letter.
Sincerely,
M. SHANE HARVEY
Vice President and General Counsel
Massey Energy Company
About Massey
Massey Energy Company, headquartered in Richmond, Virginia, with operations in West Virginia, Kentucky and Virginia, is the largest coal company in Central Appalachia and is included the S&P 500 index.
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