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SandRidge's (SD) board responds to related-party allegations (I, II): "The Board has reviewed...

Friday, January 25, 8:46 AM ET
SandRidge's (SD) board responds to related-party allegations (I, II): "The Board has reviewed issues related to these allegations several times over the company's history and has found no wrongdoing to have taken place... The company maintains and enforces a written policy that requires material related-party transactions to be reviewed and approved by disinterested members of the Board."

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This news story has 8 comments:

robgra Comments (318)

Maybe the new SEC commissioner will have a different opinion. I certainly hope so.

25 Jan, 08:48 AM Reply Like

rjj1960 Comments (1049)

From 80 down to 7, if that is not "wrongdoing" then nothing is. SD is a case study in having no shame of any kind

25 Jan, 08:57 AM Reply Like

grube Comments (3)

If you feel that way then why own the stock ? Seems to me all the negative comments don't do much to support the stock going higher.

25 Jan, 03:41 PM Reply Like

mitchjl Comments (164)

You can always sell your interest.

25 Jan, 09:34 AM Reply Like

Bob Curtin Comments (51)

How about a list of the related-party transactions that were turned down by the "disinterested members of the board". Too bad that the review was not done by members of the board who represent the shareholders.
Tom Ward, you need to pick up a book about Richard Nixon. He stone-walled his way out of the White House.

25 Jan, 09:48 AM Reply Like