NEW YORK, Nov. 14, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of SandRidge, Inc. ("SandRidge" or the "Company") (NYSE: SD), concerning whether the board has breached its fiduciary duties to shareholders and/or violated the federal securities laws.
On November 4, 2014, the Company disclosed that it was unable to file its third quarter 2014 financial results and that its previously filed financial statements for the years 2012 and 2013, as well as the first two quarters of 2014, contained errors and could no longer be relied on. According to a U.S. Securities and Exchange Commission investigation, the Company's accounting contained errors.
Our investigation concerns whether: (a) the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing; and (b) the Company, or any of its officer or directors violated the federal securities laws.
If you own SandRidge shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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