Soreide Law Group (888-760-6552) has been contacted by investors due to significant losses in:
This stock may have been recommended to investors by their broker/dealers or financial advisors as something that would be safe in their low-risk, retirement-oriented portfolios. Yet this high risk energy-related stock has experienced devastating losses.
SDOC 52 week range: 0.03 - 2.53
In the past three months the SDOC has lost 82.93% and in the past six months the shares have dropped 91.05%. On a compounded total return basis, SandRidge Energy has generated a negative return of 71.20% in the past one month. SDOC is trading at a price to cash flow ratio of 0.17 and a price to sales ratio of 0.09.
SandRidge Energy Inc is described as: “an oil and natural gas company, explores for and produces oil and natural gas properties primarily in the Mid-Continent region of the United States. The company operates through three segments: Exploration and Production, Drilling and Oil Field Services, and Midstream Services. The Exploration and Production segment explores for, develops, and produces oil and natural gas properties; and operates wells. The Drilling and Oil Field Services segment engages in the contract drilling of oil and natural gas wells. This segment also offers oil field services, such as providing pulling units, trucking, rental tools, location, and road construction and roustabout services. The Midstream Services segment purchases, gathers, treats, and sells natural gas. As of December 31, 2014, it had 4,486 gross producing wells; approximately 2,176,000 gross total acres under lease; and 35 rigs drilling in the Mid-Continent, as well as estimated proved reserves were 515.9 million barrels of oil equivalent. The company is headquartered in Oklahoma City, Oklahoma.”
Soreide Law Group is investigating potential investor claims involving sales practice violations by securities brokers and financial advisors related specifically to Next Level Holdings LLC and its affiliated Yield Wealth investment products. These offerings—including Next Level Notes and Yield Term Deposits—were promoted as high-yield, income-generating investments with purported principal protection. However, significant adverse information has […]
Investors have reportedly disputed the sales practices of securities broker David Robert McCain [CRD: 2039283, Johnson City, Tennessee], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. McCain worked for Woodbury Financial Services Inc. from September 4, 2009, to January 19, 2024, Osaic Wealth Inc. from January 19, 2024, to August 22, 2024, and […]
Investors apparently complained about securities broker Ian Christopher McElreath [CRD: 4754189, Atlanta, Georgia], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. McElreath worked for Ameritas Investment Company LLC from November 26, 2019, to April 6, 2021; 20/20 Capital Management, Inc from January 17, 2020, to April 20, 2021; Emerson Equity […]
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