| 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: | |
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.
