SandRidge Energy Inc. (NYSE:SD) acknowledged last week in a conference call that it had been served a subpoena by the Department of Justice in connection with an anti-trust investigation.
“We don’t think so. It’s early in the process. We don’t have any more information at all about the fact of the investigation other than what we’ve put in the 10-K,” said James Bennett, President and CEO, in response to a question from JPMorgan analyst Joe Allman on whether investors should be concerned about a subpoena.
SEC filing admits subpoena received
“On December 18,...
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