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yeah probably the biggest example of one
of those was the we sued Sandridge and
it was a corporate Securities derivative
case that was a case where we maintained
that the company was not being run
correctly we maintained that some of the
people on the leadership team for
example the board were running that
company basically to profit themselves
as opposed to the stockholders so that
case ended up settling it was a very
successful resolution of the case so
what we’re seeing today is that
business owners often find themselves
where they have no choice but to hire a
lawyer because they’re being cheated not
by individuals they’re being cheated by
other business owners and so when they
find themselves in that unenviable
position they really don’t have a choice
they either have to you know put up with
being cheated or hire a lawyer and try
to stop it and so we’ve done quite a few
of those types of things and you’re
seeing I think in this world that
happened
quite often actually
Oklahoma City, OK commercial litigation attorney Reggie Whitten tells the story of a memorable business lawsuit he handled. One of the most prominent examples of such a case involved a lawsuit against Sandridge, a corporate Securities derivative case. In this instance, he and his team alleged that the company was being mismanaged, with certain individuals in leadership positions, including the board, prioritizing personal profit over the interests of stockholders. Ultimately, this case reached a successful settlement, achieving a favorable outcome.
He noted that in today’s business landscape, many business owners often find themselves compelled to seek legal representation when they believe they are being taken advantage of by other business owners. In such situations, they face a difficult choice between tolerating unfair treatment or taking legal action to protect their interests. Consequently, these types of cases have become increasingly common in the business world.