This website provides information about a proposed settlement of a class action lawsuit which alleges that the Defendant underpaid royalties owed to royalty owners on wells operated by SM and/or the Settling Parties in Oklahoma or on wells where they, as a non-operator, separately marketed gas. SM and/or the Settling Parties deny Class Representatives' claims, and denies any liability.
YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT |
YOU DO NOT NEED TO TAKE ANY ACTION TO PARTICIPATE IN THE SETTLEMENT |
If the Settlement is approved, you do not need to do anything to participate in the Settlement and receive a payment. The portion of the Net Settlement Fund to which you are entitled will be calculated as part of the Settlement. |
EXCLUDE YOURSELF
(by November 9, 2015 at 5 p.m. CST) |
Get no payment. If you exclude yourself, you cannot object to the settlement, but you would not be barred by the settlement from bringing a suit of your own. |
OBJECT
(by November 9, 2015 at 5 p.m. CST) |
If you don't exclude yourself, you can write to the Court about why you don't agree with the Settlement. |
GO TO A HEARING
on November 30, 2015 at 1:30 p.m. CST |
Ask to speak in Court about the fairness of the settlement. Doing so does not prevent you from getting a payment. |
DO NOTHING
|
If you are a Class Member and do nothing, you will be bound by the terms of the Settlement, and will receive your portion of the Net Settlement Fund. You will not be able to pursue any Released Claims in any other lawsuit or arbitration. |