One stockholder is not pleased

And wants greater disclosure in Blankenship's electoral shenanigans.
From AP:
CHARLESTON, W.Va. -- With the political activities of its chief executive again in the spotlight, a Massey Energy Co. shareholder is pushing for greater disclosure of the coal producer's spending in that arena.
[...]
The stockholder is not identified in the statement, filed with the U.S. Securities and Exchange Commission. The resolution request cites a November 2006 news report on political spending that year by Massey President, Chairman and Chief Executive Don Blankenship.
Blankenship had sought to sweep Democrats from the majority in the West Virginia House of Delegates that year, through a statewide independent advertising campaign. The Democrats ended up gaining seats in that election, with at least some Republicans blaming Blankenship for their losses.
Blankenship had plowed $2.1 million into his legislative campaign, the proposed resolution said, citing the news report. Disclosures in a federal lawsuit later revealed that Blankenship's spending topped $3.8 million during that election cycle.
This image made from video and provided by ABCNews.com shows Massey Energy Co. CEO Don Blankenship before a confrontation with an ABC News producer, when the newsman made an unannounced attempt to interview him in a parking lot at one of the coal company's offices in eastern Belfry, Ky. Blankenship threatened to shoot the producer and tore his shirt collar, a network spokesman said Thursday, April 3, 2008. (AP Photo/ABCNews.com)
Labels: Supreme court
