Welcome to the website for SandRidge Energy, Inc. Securities Litigation, pending in the United States District Court for the Western District of Oklahoma (the “Court”).
The purpose of this website is to inform you of the pendency of this class action (the “Action”) between Lead Plaintiffs Laborers Pension Trust Fund for Northern Nevada (“Northern Nevada”), Construction Laborers Pension Trust of Greater St. Louis (“Greater St. Louis”), and Angelica Galkin (collectively, “Plaintiffs”), on behalf of themselves and on behalf of the Class Members; and Settling Defendants Tom L. Ward, James D. Bennett, and Matthew K. Grubb (the “Settling Defendants”).
IF YOU PURCHASED OR OTHERWISE ACQUIRED SANDRIDGE ENERGY, INC. (“SANDRIDGE” OR THE “COMPANY”) COMMON STOCK DURING THE PERIOD BETWEEN FEBRUARY 24, 2011, AND NOVEMBER 8, 2012, INCLUSIVE (THE “CLASS PERIOD”), YOU COULD RECEIVE A PAYMENT FROM A CLASS ACTION SETTLEMENT.
Please be advised that your rights may be affected by the above-captioned class action lawsuit pending in this Court (the “Litigation”) if you purchased or otherwise acquired SandRidge common stock during the Class Period.
Please also be advised that Plaintiffs and Class Representatives, on behalf of the Class, have reached a proposed settlement of the Litigation for a total of $21,807,500 in cash that will resolve all claims in the Litigation against the Released Persons (the “Settlement”).
The Court has not decided whether Defendants did anything wrong, and the Notice is not an admission by Defendants or an expression of any opinion of the Court concerning the merits of the Action.
The Frequently Asked Questions page of this website has more information on your rights as a Class Member in this Action.