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CEO Convicted Over Deadly Mine Explosion

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Mark Melin
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CEO Convicted Over Deadly Mine Explosion

In a precedent-setting case, the chief executive of a major corporation has been convicted for a workplace safety related issue. When a Charleston, West Virginia jury convicted former Massey Energy CEO Don Blankenship of conspiracy to violate federal safety laws it sent a major message, but acquitted Blankenship of more serious charges of lying to investors.

CEO Convicted Over Deadly Mine Explosion

2010 coal mine explosion where top executives admitted to violating safety regulations resulted in 29 deaths

At issue is the 2010 coal mine explosion that resulted in the deaths of 29 miners. Resulting from a plea deal related to that incident, former Massey Energy...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.