continental resources lawsuitcontinental resources lawsuit

The company launched one civil suit in 2020 and a second one in 2022 that targets specific individuals and companies for roles it claims they played in those alleged schemes. In May 2022, Oklahoma County District Court Judge Don Andrews declined requests to throw the lawsuit out entirely. ofworking together to illegally search its offices, Perpetual filed a second amended petition, Continental Resources civil, related criminal cases updates provided. His firm recently declared force majeure on certain sales contracts. The cousins are targeted as principal defendants in the company's 2020 civil suit. The plan would . Bankrupt OxyContin maker Purdue Pharma can shield its owners, members of the wealthy Sackler family, from opioid lawsuits in exchange for a $6 billion contribution to the company's broader . Dyer will undergo a pre-sentencing review involving federal officials while he remains free on bond. He faces up to 18 months in prison, a fine of up to $250,000 and also agreed to pay restitution to Continental Resources for its losses and to forfeit any cash or property he obtained through the scheme to the federal government. Making a false statement on a promissory note. Purdue issued its own statement, calling the ruling "a victory for Purdue's creditors, including the states, local governments, and victims who overwhelmingly support the Plan of Reorganization." EARNIE CORNELIUS INSURANCE AGENCY INC VS CC PERIL CO Et Al, PENNACO NATURAL RESOURCES LLC V. COTERRA ENERGY INC. Continental Resources (Oklahoma) has an overall rating of 3.6 out of 5, based on over 110 reviews left anonymously by employees. Last week, he called for futures market regulators to investigate potential market manipulation after oil futures turned negative for the first time. Jack Money Oklahoman View Comments A judge has turned away one man's attempt to toss a civil suit filed by Continental Resources against him and others that accuses them of using the energy company's confidential drilling plans to get rich. He testified that Dyer, who is named as a co-conspirator in a transcript involving Biggs' pleading,had emailed him in December 2013, asking the landman to provide the attorney with Continental Resources' information in exchange for a cut of money both Continental Resources' civil suit and federal prosecutors claim the defendants obtained through their scheme. File a Complaint: The plaintiff or person bringing the lawsuit to court must file a complaint. More: OG&E wants to increase your rates. The company launched one civil suit in 2020 and a second one in 2022 that targets specific individuals and companies for roles it claims they played in those alleged schemes. While Sackler family members still technically own Purdue, they stopped receiving money from the company years ago. Continental Resources quietly filed a lawsuit. Oklahoman View Comments The purported ringleader of an alleged scheme to get rich off Continental Resources' confidential drilling plans now faces federal criminal charges in Oklahoma City related to the same allegations, an indictment unsealed Thursday shows. STAGHORN PETROLEUM MANAGEMENT LLC, Plaintiff, v. OVINTIV USA INC, Defendant. Judge Mai also partially dismissed Samuel Macaluso, Continental Resources' director of corporate security, from the lawsuit, but declined to dismiss him completely. However, Judge Mai did dismiss Eric Eissenstat from the case. During a hearing in late November, attorneys for principal parties in the case told Oklahoma County District Court Judge Anthony Bonner they had agreed to use retired Oklahoma Court of Civil Appeals Chief Judge Bill Hetherington as a "special master" in charge of gathering evidence attorneys will use in attempts to prove or disprove Continental Resources' case. By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, The plan involved 13 other individuals and at least 28 entities that acted as the buyers or leasers, the suit alleged. In September, Perpetual filed a second amended petition that sought at least $10,000 from Continental Resources. The plaintiff, who worked as a completion supervisor for the defendant from June 2011 through December 2016, claims he was paid a salary but no overtime wages . Dyer also agreed as part of his plea to forfeit any proceeds he gained as a result of the nearly decade-long scam, and to provide restitution to Continental Resources in an amount up to $3.5 million. If you do not agree with these terms, then do not use our website and/or services. Case Details Parties Documents Dockets Biggs (who remains free on bond) could be required to serve up to five years in prison, be required to pay a fine of up to $250,000 and could be required to participate in a two-year program of supervised release. Continental Resources vs. Dyer, et. Continental Resources claimsDyer and his colleaguesused Continental Resources' information to acquire large blocks of mineral rights it expected the company would seek to buy before drilling those lands,then soldthose to Continental at much higher values than what they hadpaid. This article originally appeared on Oklahoman: Continental Resources civil, related criminal cases updates provided, Most Iconic Swimsuit Moments In Movies History, Continental Resources accusedBlaine Dyer, Jimmy Dyer and numerous co-conspirators. OG&E wants to increase your rates. He's the crooning frontman of Weekend Allstars, and I think 3am, and probably a bunch of other local cover bands that have been getting people across the metro laid for the past decade. Several states had withheld support for the plan, but after a new round of negotiations last year, all of them came on board. 2011 MOTION, 01/05/2023: DEFENDANTS ROBERT HEFNER, V AND HEFNER ENERGY, LLC'S COMBINED (1) RESPONSE TO PLAIN 'S MOTION TO COMPEL DISCOVERY FROM ROBERT HEFNER, V AND HEFNER ENERGY, LLC, AND (2) REPLY IN SUPPORT OF MOTION TO COMPEL RESPONSES AND PRODUCTION FROM CONTINENTAL, HearingEvent: Defs Robert Hefner & Hefner Energy's Motion for Sanctions under 12 Okla. Stat.

Biggs was ordered by a U.S. Magistrate in September to avoid having contact with Lindsey Dawn Biggs and to take submit himself to random drug and alcohol testing after prosecutors claimed he had violated that provision of his pre-sentencing release. The suit claims a Continental Resources representative gained access to its offices leased space inside a for-sale building owned by Dyers law firm by fraudulently posing as a potential out-of-state buyer. An attorney for Continental Resources on Feb. 17 declined to comment about where the case goes from here. DEFENDANTS ROBERT HEFNER, V AND HEFNER ENERGY, LLC'S RESPONSE TO CONTINENTAL'S SUBMISSION OF DISCOVERY ISSUES FOR THE COURT'S DETERMINATION DURING THE HEARING SCHEDULED FOR APRIL 14, 2023, CONTINENTAL'S SUBMISSION OF DISCOVERY ISSUES FOR THE COURT'S DETERMINATION DURING THE HEARING SCHEDULED FOR APRIL 14, 2023, DEFENDANT HEFNER ENERGY, LLC'S AMENDED AND SUPPLEMENTAL MOTION TO COMPEL PRODUCTION AND RESPONSES FROM CONTINENTAL, ENTRY OF APPEARANCE BY BROOKS A RICHARDSON FOR PLAIN, DEFENDANTS ROBERT HEFNER, V AND HEFNER ENERGY, LLC'S RULE 13(B) AND (C) WRITTEN OBJECTION TO CONTINENTAL RESOURCES, INC'S SUPPLEMENTAL BRIEF OPPOSING MOTION FOR PARTIAL SUMMARY JUDGMENT, DEFENDANTS ROBERT HEFNER V AND HEFNER ENERGY LLC'S RESPONSE TO CONTINENTAL RESOURCES INC'S SUPPLEMENTAL BRIEF IN OPPOSING MOTION FOR PARTIAL SUMMARY JUDGMENT, DEFENDANTS ROBERT HEFNER V AND HEFNER ENERGY LLC'S REPLY IN SUPPORT OF MOTION FOR SANCTIONS, CONTINENTAL'S SUPPLEMENTAL BRIEF OPPOSING THE HEFNER DEFENDANTS' MOTIONS FOR PARTIAL SUMMARY JUDGMENT, CONTINENTAL'S REPLY IN SUPPORT OF ITS MOTION TO COMPEL, DEFENDANTS ROBERT HEFNER, V AND HEFNER ENERGY, LLC'S UNOPPOSED APPLICATION FOR EXTENSION OF PAGE LIMIT, AMENDED EXHIBIT 1 TO CONTINENTAL 'S RESPONSE TO THE HEFNER DEFENDANTS' 12 O.S. Continental Resources also added Robert Hefner V and other defendants to its 2020 case at about the same time. A spokesperson declined comment on Tuesday. Judge Mai also partially dismissed Samuel Macaluso, Continental Resources' director of corporate security, from the lawsuit, but declined to dismiss him completely. The cousins are targeted as principal defendants in the company's 2020 civil suit. In a lawsuit it filed on April 20, 2020, Continental Resources accused Dyer and numerous co-conspirators of workingwith at least one of its employeesto cheat the company out of millions of dollars "through a series of fraudulent, disguised transactions using Continental's most confidential business information" involving its future drilling plans. Public Records Policy. ; Count: 1, DocketIssue #1; Issue: FRAUD(FRAUD); Filed By: Continental Resources Inc, Tulsa County Courts | Not Yet Classified | Coatney, an attorney who was the law partner with Blaine Dyer, was accused of working with Biggs and others to use confidential Continental Resources information involving its drilling plans to commit honest service wire fraud. Hetherington, a member of the National Academy of Distinguished Neutrals who retired from the bench in 2016, served as the discovery master in the landmark opioids case, Oklahoma versus Purdue Pharma, et. Why is this public record being published online? Its lawsuit describes what happened as being reminiscent of Watergate, adding, this was not an overly eager mid-level employee at Continental trying to showcase his or her skills and loyalty; rather, this illegal theft operation to gather information on Blaine Dyer involves a full-blown conspiracy and collusion between upper-echelon executives of Continental, the personal financial adviser of oil tycoon Harold Hamm, as well as a prominent Oklahoma City Realtor. Continental Resources Inc. filed a civil lawsuit accusing a title lawyer and a former employee of improperly using the company's confidential drilling information to acquire mineral blocks Continental intended to pursue and resell them to Continental at higher prices.

The U.S. Justice Department did not immediately say whether it would appeal Tuesday's ruling to the U.S. Supreme Court, ask the Circuit Court to review its decision or accept the ruling as is. 2011.1; Docket: Don Andrews, Event: Defs Robert Hefner & Hefner Energy's Motion to Compel Production & Responses from Continental Resources; Docket: Don Andrews, Event: Pltf's Motion to Compel Discovery from Robert Hefner V & Hefner Energy and Request for Fees; Docket: Don Andrews, Code: EXHI; Description: EXHIBITS FILED UNDER SEAL EXHIBITS 7, 11 AND 12 ELECTRONIC NATIVE EXHIBITS 3, 9 AND 10 (FILED UNDER SEAL), Code: RESP; Description: DEFENDANTS ROBERT HEFNER, V AND HEFNER ENERGY, LLC'S RESPONSE TO CONTINENTAL'S SUBMISSION OF DISCOVERY ISSUES FOR THE COURT'S DETERMINATION DURING THE HEARING SCHEDULED FOR APRIL 14, 2023, Code: AMP; Description: FIRST AMENDED PETITION, Code: NO; Description: CONTINENTAL'S SUBMISSION OF DISCOVERY ISSUES FOR THE COURT'S DETERMINATION DURING THE HEARING SCHEDULED FOR APRIL 14, 2023, Code: AM; Description: DEFENDANT HEFNER ENERGY, LLC'S AMENDED AND SUPPLEMENTAL MOTION TO COMPEL PRODUCTION AND RESPONSES FROM CONTINENTAL, Code: SSFCHSCPC; Description: SHERIFF'S SERVICE FEE FOR COURTHOUSE SECURITY PER BOARD OF COUNTY COMMISSIONER; Amount: $ 10.00, Code: OCASA; Description: OKLAHOMA COURT APPOINTED SPECIAL ADVOCATES; Amount: $ 5.00, Code: OCJC; Description: OKLAHOMA COUNCIL ON JUDICIAL COMPLAINTS REVOLVING FUND; Amount: $ 1.55, Code: OCISR; Description: OKLAHOMA COURT INFORMATION SYSTEM REVOLVING FUND; Amount: $ 25.00, Code: PFE7; Description: LAW LIBRARY FEE; Amount: $ 6.00, Code: PFE1; Description: PETITION; Amount: $ 163.00, Code: DMFE; Description: DISPUTE MEDIATION FEE; Amount: $ 7.00, Code: TEXT; Description: CIVIL RELIEF MORE THAN $10,000 INITIAL FILING. Continental Resources did not respond to a request for comment. Continental Resources admits it searched spaces inside the building after being tipped that confidential information belonging to Continental Resourceswas inside the property. Making a false statement on a loan application. Shale producers Alta Mesa Holdings and Devon Energy accepted lower prices for pending asset deals. Family members would also contribute $5.5 billion US to $6 billion US in cash over time, or around half of what the court found to be their collective fortune, much of it held offshore. It's a good read. He faces prison time of up to five years and/or a fine of up to $250,000. It is a priority for CBC to create products that are accessible to all in Canada including people with visual, hearing, motor and cognitive challenges. The plan would also see the family contribute up to $6 billion US to a fund to prevent and treat addiction. Federal prosecutors indicted Blaine Dyer, along . OG&E wants to increase your rates. But Continental got cold feet and proposed to postpone the closing due to changes in the oil and gas markets, and then terminated the agreement on March 24 citing title and other problems, the lawsuit alleged. Cheryl Juaire, a Massachusetts woman who lost two sons to overdoses, said she does not know what size payment to expect. Click below and ask a question to one of our oil & gas industry experts. Here's what we know about what happens next. Prominent oil executive Robert Hefner V was accused in a newly filed lawsuit of leading what Continental Resources calls the "Hefner scheme." Advertisement As a result, the energy giant is now suing Hefner and his brosephs on a variety of claims, including breaching fiduciary duty, tortious interference with contractual relations, the misappropriation of trade secrets, and the misappropriation of business information. By: Jack Money The Oklahoman An oil and gas company claims in a lawsuit filed last week that a representative of oil giant Continental Resources accessed, reviewed, and photographed confidential information belonging to the company in an action reminiscent of the Watergate Scandal.. Years in Business: 30. Business Started: 7/7/1992. Biggs was ordered by a U.S. Magistrate in September to avoid having contact with Lindsey Dawn Biggs and to take submit himself to random drug and alcohol testing after prosecutors claimed he had violated that provision of his pre-sentencing release. Continental slammed the brakes on spending and oil production as prices nosedived. The Oklahoman which in the past has given Spaulding editorial space entirely due to his last name also got word of the lawsuit and filed a report. Who knows?

OKLAHOMA CITY (KFOR) - A local oil and gas company is suing several parties, including Continental Resources, over interactions and activities they say are 'reminiscent of Watergate.' According. Even without an appeal, it could be months before the bankruptcy plan takes effect. the trial against Dyer and the others could proceed, verdict was overturned by Oklahoma's Supreme Court, accuses Hefner, two of his companies, two other named defendants, five Jane and John Does and five unnamed entities, In oil-rich Oklahoma, wind drives new power record. Members of the Sackler family would give up ownership of Stamford, Conn.,-based Purdue, which would become a new company known as Knoa, with its profits being sent to the addiction fund. Finally, one place to get all the court documents we need. The case remains pending in Oklahoma County District Court. 22011 & Okla. Stat. Judge Mai declined to dismiss the lawsuit and allowed time for a summary judgement request to be filed. What it's about: In a lawsuit it filed on April 20, 2020, Continental Resources accused Blaine Dyer, Jimmy Dyer and numerous co-conspirators of working with at least one of its employees to cheat the company out of millions of dollars "through a series of fraudulent, disguised transactions using Continental's . Perpetual was merely an innocent bystander caught in Continentals crusade against Mr. Dyer, the suits petition states. Jimmy Dyer remains free on bond. It claims the Dyers and othersthen soldthose rights to Continental or executed drilling leases with the companyat much higher values than what it should have paid. He faces up to 18 months in prison, a fine of up to $250,000 and also agreed to pay restitution to Continental Resources for its losses and to forfeit any cash or property he obtained through the scheme to the federal government. who worked for Continental at any time since February 7, 2015 and have been subjected to the same illegal pay system under which Plaintiff Kaspereit worked and was paid.

I'm not a trust fund kid with a legacy last name, but something tells me Continental's lawyers feel the same way, especially since they have text message transcripts between Spaulding and his alleged coconspirators that give some credence to their claims: You can view the entire lawsuit over at OSCN. U.S. ruling gives Sackler family, owners of Purdue Pharma, immunity from opioid lawsuits | CBC News Loaded. May 4, 2022 The Oklahoma Supreme Court ruled against Continental Resources Inc. this week in a lawsuit in which the Oklahoma City-based oil and gas company alleged it had been overbilled $2.4 million by a North Dakota oilfield company. The Oklahoma Supreme Court ruled against Continental Resources Inc. this week in a lawsuit in which the Oklahoma City-based oil and gas company alleged it had been overbilled $2.4 million by a North Dakota oilfield company. to use confidential company information to commit honest services wire fraud. Until his retirement in mid-2021, Eissenstat served as Continental Resources' general counsel, chief risk officer and secretary. (Reuters) - Casillas Petroleum Resource Partners sued Continental Resources Inc, alleging the Oklahoma shale producer last month backed out of a $200 million oil and gas deal as prices crashed.

Yep, that's right - little Spaulding is ready to flip! "My children are gone and there's nothing I can do to bring them back," she said, but she said the funds would help her sons' children. Allegations contained in its 2020 litigation also have led to federal prosecutors' success in acquiring fraud convictions against four men, including Blaine and James "Jimmy" Dyer just this week. Adam Aguilar made the lawsuit! Basically, Continental Resources is alleging that Spaulding and a cohort named Justin Woody conspired with a Continental employee named Matt Powe to acquire land and mineral rights in areas where the company secretly planned to do business. A lawsuit against Continental Resources hit a legal hurdle this week when an Oklahoma County District Court judge issued a stay of proceedings until it is determined whether the court has jurisdiction over the case involving the oil giant. CONTINENTAL RESOURCES, INC. 2017 OK CIV APP 53 Case Number: 114102 Decided: 02/08/2017 Mandate Issued: 10/27/2017 DIVISION II THE COURT OF CIVIL APPEALS OF THE STATE OF OKLAHOMA, DIVISION II A sentencing hearing has not been scheduled. Coatney pleaded guilty to a fraud charge before Judge Dishman on Oct. 6, 2021. al. Here's what we know about what happens next. The crossroads of energy information for mineral owners in Oklahoma and Texas. In October, Perpetual sought to have counsel for defendants disqualified, a request Continental Resources opposed. Alternatively, attorneyNick Larby, of Larby & Associates, requested the judge to halt any ongoing discovery requests served on James Dyer and his associated companies until the criminal matter was resolved. On Tuesday, a lawsuit alleged a big scandal in the local oil and gas scene. 74% of employees would recommend working at Continental Resources (Oklahoma) to a friend and 73% have a positive outlook for the business. Law360 (March 5, 2020, 5:46 PM EST) -- Oil and gas driller Continental Resources Inc. filed a racketeering lawsuit in Oklahoma federal court accusing a North Dakota oilfield services provider of a .

That being said, let's give these people the benefit of the doubt. Judge Andrews will consider arguments March 9 from Hefner's attorneys seeking summary judgements in their client's favor, court records show. Screwing your employer and working a flawed system to your financial advantage is unethical and wrong! Here's what we know about what happens next. 1331 : Jury Demanded By: Plaintiff Founder Harold Hamm, an early supporter of U.S. President Donald Trump, has urged Washington to impose tariffs on foreign oil imports and pushed for federal support of the oil industry. "We are pleased with the court's decision to allow the agreement to move forward and look forward to it taking effect as soon as possible.". On May 4 2022, Judge Bonner considered a request filed by an attorney representing defendant James "Jimmy" Dyer (Blaine's cousin) that requested to pause the entire civil case until a federal fraud indictment he expected to receive was adjudicated. A sentencing hearing has not yet been set. The former employee, Justin Biggs, pleaded guilty before U.S. District Court Judge Jodi Dishman in Oklahoma City on Nov. 20, 2020, to onecount accusing him of conspiringto commit honest services fraud. May 1, 2019 Oklahoma City's Continental Resources Inc. revealed in a SEC filing this week it is paying tens of millions of dollars to settle a class-action that alleged underpayment of royalties in Blaine County, Oklahoma. The Bureau of Land Management has been sued by Oklahoma City's Continental Resources in federal court over delays of dozens of North Dakota drilling permits for federal lands.

Jimmy Dyer remains free on bond. The court's ruling reversed a 2021 ruling that found bankruptcy court judges did not have the authority to approve a settlement that would offer bankruptcy protections for those who have not filed for bankruptcy. Coatney, an attorney who was the law partner with Blaine Dyer, was accused of working with Biggs and others to use confidential Continental Resources information involving its drilling plans to commit honest service wire fraud.

"They'll have braces, they'll have glasses, they'll have things they need that they wouldn't have otherwise.". Continental's lawyers, who I assume are big TLO fans, even cited the following tweet in an effort to expose something that we like to call in these parts the "Hefner Hypocrisy.". On March 6, the day a supply pact by OPEC and allies collapsed, Continental agreed to buy oil and gas properties from Tulsa, Oklahoma-based Casillas. Biggs has not yet been sentenced, but he faces a maximum of five years of imprisonment or a fine of $250,000, or both, plus a term of supervised release that could last up to two years. Law360 (July 1, 2021, 3:11 PM EDT) -- Continental Resources has urged a D.C. federal court to again find that the federal government can't force it to pay additional royalties on past natural. Audience Relations, CBC P.O. However, it dismissed him as a defendant in that case on Dec. 9, 2020. The crossroads of energy information for mineral owners in Oklahoma and Texas. The lawsuit is similar to the one Continental filed against Blaine Dyer and his Merry Men back in April of 2020, which Spaulding is connected to as well. All quotes delayed a minimum of 15 minutes. In a lawsuit it filed on April 20, 2020, Continental Resources accused Blaine Dyer, Jimmy Dyer and numerous co-conspirators of working with at least one of its employees to cheat the company. In a lawsuit it filed on April 20, 2020, Continental Resources accused Dyer and numerous co-conspirators of working with at least one of its employees to cheat the company out of millions of dollars "through a series of fraudulent, disguised transactions using Continental's most confidential business information" involving its future drilling pl. By: Jack Money - The Oklahoman - An oil and gas company claims in a lawsuit filed last week that a representative of oil giant Continental Resources accessed, reviewed, and photographed confidential information belonging to the company in an action "reminiscent of the Watergate Scandal." Continental filed against Blaine Dyer and his Merry Men. Allegations contained in its 2020 litigation also have led to federal prosecutors' success in acquiring fraud convictions against four men, including Blaine and James "Jimmy" Dyer just this week. As part of his deal, Dyer agreed not to appeal his conviction. Judge Mai did not rule on a request made by an attorney representing Kristin Thomas, Continental Resources' chief communications officer, to dismiss her from the case. The lawsuit, which also targets a third-party real estate agent who gave the Continental Resources representative access to the building, was filed on May 26. Alternatively, attorneyNick Larby, of Larby & Associates, requested the judge to halt any ongoing discovery requests served on James Dyer and his associated companies until the criminal matter was resolved. The case is Casillas Petroleum Resource Partners v Continental Resources, Tulsa County Oklahoma district court, No. When search suggestions are available use up and down arrows to review and enter to select. James "Jimmy" Dyer was accused of conspiracy to commit honest services wire fraud and seven counts of honest services wire fraud. If such offending conduct occurs in more than one state then a court must determine where the conduct primarily and substantially occurs., https://law.justia.com/cases/oklahoma/supreme-court/2022/120039.html?utm_source=summary-newsletters&utm_medium=email&utm_campaign=2022-05-04-oklahoma-supreme-court-dd3dfb992e&utm_content=text-case-read-more-1, Oil and gas rig counts keep falling in Oklahoma and other states, Forever chemicals in New Mexico lead to lawsuit by Attorney General, Friday proved to be a strong day for crude oil and Oklahoma energy stocks. Before that, though, Dyers attorney Joe White sent a letter complaining about Continental Resources conduct to the U.S. Attorneys Office for the Western District of Oklahoma in Oklahoma City. Continental Resources admits it searched spaces inside the building after being tipped that confidential information belonging to Continental Resourceswas inside the property. Continental Resources, some of its current or former employees and other companies also arebeing suedafter an oil company employee searchedthe office of a small independent producer who rented space in a building owned by one of the principal defendants in the 2020 case. He also testified that he had received and deposited four checks from co-conspirators as part of the scheme. Sackler family members and Purdue also praised the decision.

Judge Mai declined to dismiss the lawsuit and allowed time for a summary judgement request to be filed. Posted on May 9, 2019 Oklahoma City-based Continental Resources filed a petition on May 1st, in District Court in Oklahoma County, alleging that multiple defendants and former employees obtained confidential and proprietary information from Continental for personal gain and the benefit of others. Continental Resources also added Robert Hefner V and other defendants to its 2020 case at about the same time. latest-news-headlines The Rapid City Journal reported the Oklahoma City energy firm paid Jerry Janvrin $278,320. The lawsuit was filed against Wolla Oilfield Services and its owner Jason Wolla in March of 2020. Dyer also agreed as part of his plea to forfeit any proceeds he gained as a result of the nearly decade-long scam, and to provide restitution to Continental Resources in an amount up to $3.5 million. esgSubNav, Discover more about S&P Globals offerings, Corporate Actions & Securities Processing 2023 EMEA User Group Forum, Sustainable Datacenters: The Intersection of Innovation and Lifecycle Design, How to Adapt to Digital Disruption in Financial Services: Driving change through digital experiences and flexible data delivery. Back on April 20th, when you were hopefully stoned out of your mind, Continental Resources quietly filed a lawsuit against one of their former attorneys Blaine Dyer; a former landman for the company Justin Biggs; and about 48 other people, LLCs, local musicians, etc., from Oklahoma and Texas alleging they all worked together to cheat the company out of $5 million via what one Ogle Mole called one of "the oldest / dirtiest tricks in the oil and gas or title attorney book.". That would be over $1 . Oklahoma ultimately obtained a $465 million verdict against pharmaceutical giant Johnson & Johnson, Purdue and others, although that verdict was overturned by Oklahoma's Supreme Court about a year ago. Circuit Court of Appeals in New York, the plan clears the way for Purdue Pharma, the maker of the painkiller OxyContin, to settle thousands of legal claims tied to the opioid epidemic. Basically, Continental Resources is alleging that Spaulding and a cohort named Justin Woody conspired with a Continental employee named Matt Powe to acquire land and mineral rights in areas where the company secretly planned to do business. Continental Resources (NYSE: CLR) has withdrawn a lawsuit it filed last month that accused the Biden administration of unlawfully delaying 50 drilling permits in North Dakota, which the company . Here's the latest we know about the cases. James "Jimmy" Dyer was accused of conspiracy to commit honest services wire fraud and seven counts of honest services wire fraud. Check out our weekly schedule for a Hoot Industries event near you! A case filed on April 22, 2022accuses Hefner, two of his companies, two other named defendants, five Jane and John Does and five unnamed entities of working with one of Continental Resources' former employees to use the company's confidential drilling plans in a scheme to acquire, hold andresell mineral rights. And the best part of all, documents in their CrowdSourced Library are FREE! Attorneys representing Continental Resources and three former or current employees sought to have the case dismissed during a hearing before Oklahoma County District Court Judge Natalie Mai on Feb. 14. Those protections are at the heart of the proposed deal that would end claims filed by thousands of state, local and Native American tribal governments and other entities. Continental Resources accused of action 'reminiscent of the Watergate Scandal', OKC police search for suspects, next-of-kin after apparent homicide, Your California Privacy Rights/Privacy Policy.