SandRidge Energy, Inc. (fka SDOCQ)

[kingman]

No it does not mean that. If you are part of the lawsuit and signed up to be part when the BK was still being litigated then you can benefit if there is any payment. Only those that are part of the action will benefit. The old shares are worthless to the extend if you hold them but if you are part of the suit and an accommodation or agreement is reached based your number shares or investment then you may find some relief. This was all laid out on this forum when it was first proposed. . My personal opinion is that if any agreement is worked out it will be for shares held by the individual prior to the bankruptcy proceeding. i don't see any deal accommodating shares that traded after the BK that were already basically worthless and just for speculation . This company in my opinion committed fraud in both their bankruptcy testimony and their SEC filings going back several years . As the great FBI agent Sadusky once said. Ben somebody has to go to jail.