NEW YORK, NY / ACCESSWIRE / May 8, 2015 / Pomerantz LLP is investigating claims on behalf of investors of SandRidge Energy, Inc. ("SandRidge" or the "Company") (NYSE: SD). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 237.

The investigation concerns whether SandRidge and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

On May 7, 2015, a report in Reuters online stated that "SandRidge Energy Inc. is the target of a federal grand jury probe concerning violations of antitrust law related to the leasing of oil and gas properties, the company said in a regulatory filing on Thursday.

The Oklahoma City, Oklahoma-based company said the transactions subject to the government's inquiry date from 2012 and prior years, according to the filing with the U.S. Securities and Exchange Commission."

On this news, shares of SandRidge fell $0.11 per share, to $1.52, or more than 6.75%, in intra-day trading on May 8, 2015.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP