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SandRidge Energy Inc. SD Securities Lawsuit

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Company: SandRidge Energy Inc.
Ticker Symbol: SD
Class Period: Feb-24-11 to Nov-8-12
Date Filed: Dec-11-12
Lead Plaintiff Deadline: Feb-9-13
Court: Western District of Oklahoma
Allegations:
Atlanta, GA: A securities class action lawsuit has been filed on behalf of investors who purchased common stock of SandRidge Energy Inc. ("SandRidge" or the "Company") ( NYSE : SD ) between February 24, 2011 and November 8, 2012.

The lawsuit, which was filed in the United States District Court for the Western District of Oklahoma, alleges that SandRidge issued false and misleading statements that caused its stock to trade at artificially inflated prices.

Specifically, the complaint alleges, among other things, that SandRidge misrepresented the proportions of low-margin natural gas and high-margin oil contained in its Mississippian formation and, according to the complaint, the Company failed to adequately disclose mechanical issues with a rig that negatively impacted its operations.

If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.

SandRidge Energy Inc. SD Securities Fraud Legal Help

If you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible SandRidge Energy Inc. securities class action lawsuit. Please fill in our form on the right to submit your complaint for a free evaluation.

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