Samson Resources Corporation filed for bankruptcy on September 16, 2015. Soreide Law Group is investigating financial losses in Samson Resources. If you were invested in Samson Resources Corporation at the recommendation of a stock broker or financial advisor please contact Soreide Law. Since the investment is not publically traded you may have an illiquid or very close to worthless position compared to what you invested in the company. Soreide Law Group offers a free consultation to those with losses of over $50,000. We will investigate if your broker has liability for recommending this investment.
A Japanese investor that bought a 25% stake in Samson Resources Corp. in approximately 2011 that was worth about $1.04 billion sold it back to the company for only $1. The idea the investor originally had was to join others including KKR in order to buy Samson Resources for $7.2 billion to take it public. This plan never materialized. This should give investors an idea of what their investment may be worth.
Samson Resources Corporation’s reorganization plan was approved on Feb 13, 2017. Priority tax claims and statutory fees were to be paid in full in cash. Lien holders were given stock rights, but “General Unsecured Claims” off $2.42 billion shall receive recovery in the range of 2.5% to 7%. The total debt they had going into bankruptcy was approximately $4.3 billion. Samson Resources Corporation is headquartered in Tulsa, Oklahoma. Operations are mainly in East Texas and the Rocky Mountain region.
The chapter 11 filing converted a lot of debt to equity further diluting the value of the common stock. Many new shares were issued in the reorganization as well. Their reorganization plans claim positive things for the future, but that may or may not materialize. If you or a loved one has significant financial losses in Samson Resources Corporation or other risky investments due to your stock broker or advisor please call 1-888-760-6552.
Investors potentially incurred losses because of securities broker Michael Douglass Frost [CRD: 2000358, Colorado Springs, Colorado], based on public information on Financial Industry Regulatory Authority BrokerCheck. Frost worked for LPL Financial LLC from November 29, 2017, to September 18, 2025, and has worked for Cetera Advisors LLC since September 17, 2025. See below to discover […]
Investors potentially incurred losses because of securities broker Chad Anthony Schneider [CRD: 5479256, Greenwood Village, Colorado], according to information disclosed through Financial Industry Regulatory Authority (FINRA) BrokerCheck. Schneider worked for Strong Capital Markets LLC from January 15, 2024, through July 6, 2026. Investors are encouraged to continue reading to find out more about the disclosures […]
Investors might have sustained losses due to financial advisor Ali Reza Memaran-Dadgar [CRD: 5652400, Kirkland, Washington], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Memaran-Dadgar has been registered with Elite Wealth Management Inc. since February 29, 2024. Continue reading to find out more about the client disputes disclosed on his FINRA record. […]
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