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.


Your Legal Rights and Options in this Settlement
Submit a Proof of Claim This is the only way to be eligible to receive a payment from the Settlement. Proofs of Claim must be postmarked (if mailed) or received (if submitted online) on or before August 19, 2022.
Exclude Yourself from the Settlement Get no payment. This is the only option that allows you to ever be part of any other lawsuit against the Settling Defendants about the legal claims related to the issues raised in this Litigation. A written request for exclusion must be received on or before September 15, 2022. If you are considering excluding yourself from the Class, please note that there is a risk that any new claims asserted against the Settling Defendants may no longer be timely and would be time-barred. You should talk to a lawyer before you request exclusion from the Class for the purpose of bringing a separate lawsuit.
Object to the Settlement by Submitting a Written Objection Write to the Court and explain why you do not like the Settlement, the Plan of Allocation, and/or the request for attorneys’ fees and expenses. Objections must be filed with the Court and served on the parties on or before September 22, 2022.
Attend the Settlement Hearing on October 6, 2022, at 1:30 p.m. and File a Notice of Intention to Appear Ask to speak in Court about the fairness of the Settlement. Requests to speak must be filed with the Court and served on the parties on or before September 22, 2022. If you submit a written objection, you may (but you do not have to) attend the hearing.
Do Nothing Receive no payment. You will, however, still be a Settlement Class Member, which means that you give up your right to ever be part of any other lawsuit against the Defendants about the legal claims being resolved by this Settlement, and you will be bound by any judgments or orders entered by the Court in the Action.