$1.4 Million Settlement from SandRidge Energy for Retaliating Against Internal Whistleblower

An oil-and-gas company that allegedly retaliated against an internal whistleblower and used illegal separation agreements agreed to pay the SEC a $1.4 million penalty. Oklahoma-based SandRidge Energy Inc. fired an employee who raised concerns inside the company about how it calculated its publicly reported oil-and-gas reserves. SandRidge then put language in the employee’s separation agreement that prohibited participating in any government investigation or disclosing information potenti...
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