If you purchased shares of SandRidge Energy Inc. (NYSE:SD) between February 24, 2011 and November 8, 2012, you have certain options and there are strict and short deadlines running. Deadline: NYSE:SD investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint the plaintiff alleges on behalf of all persons or entities who purchased the securities of SandRidge Energy Inc. (NYSE:SD) between February 24, 2011 and November 8, 2012, that SandRidge Energy Inc. and certain of its officers and directors violated the Securities Exchange Act of 1934 by issuing between February 24, 2011 and November 8, 2012 allegedly materially false and misleading statements regarding the Company’s operational status and financial projections.
Shares of SandRidge Energy Inc. (NYSE:SD) rose from as low as $7.27 per share in late January 2011 to as high as $12.96 per share in April 2011 and declined then in September 2011 to as low as $5.56 per share.
On November 8, 2012, a large shareholder of SandRidge Energy Inc. issued a letter addressed to the SandRidge Board of Directors calling for the CEO’s resignation, citing, among other things, SandRidge's "disastrous performance"
NYSE:SD shares declined to as low as $5.19 per share on November 14, 2012.
On December 5, 2012, NYSE:SD shares closed at $6.45 per share.
Those who purchased shares of SandRidge Energy Inc. (NYSE:SD) between February 24, 2011 and November 8, 2012, have certain options and there are strict and short deadlines running. Deadline: NYSE:SD investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
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