Continental Resources faces a proposed collective action in which the plaintiff claims the oil company deliberately failed to pay overtime wages. The focus is on the location of the offending conduct, and such conduct must occur in this state., The justices went on to declare,Conduct which creates a violation of the OCPA must occur within this state in order for the OCPA to be applicable. Anyway, you can read more about the lawsuit and all the fun stuff over at OSCN.net. Lawsuit against Continental Resources detailed The suit claims a Continental Resources representative gained access to its offices leased space inside a for-sale building owned by Dyer's law firm by fraudulently posing as a potential out-of-state buyer. He also testified that he had received and deposited four checks from co-conspirators as part of the scheme. Today's non-award-winning TLO conduct is presented by the Grand Spa @ Grand Casino & Resort! It admitted that it reviewed and photographed information and is still in possession of such information, said the suit. 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 . For 55 years we have taken pride in operating our company with high ethical and environmental standards. Our team of experts has selected the best teeth whitening gel out of hundreds of options. You dont make plans for anything like that until it happens., Crude prices made gains after federal holiday in the US, Rep Coleenergy security is national security, EV ban proposal dies in Wyoming legislature. It was Continental Resources founder Harold Hamm whosaidin early March that the Saudi move to flood the global market with crude oil was illegal. Blaine Dyer remains free on bond. On Tuesday, a lawsuit alleged a big scandal in the local oil and gas scene. New cases and investigations, settlement deadlines, and news straight to your inbox. (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. Our core business is oil and natural gas exploration and production, an enterprise that hugely contributes to the well-being of every American. Coatney is scheduled to appear at 2 p.m. Wednesday before U.S. District Court Judge Jodi Dishman to enter a plea on the charge he faces. The civil suit filed by Continental Resources against Dyer and numerous other defendants was highlighted by a story published last week in The Oklahoman after the oil and gas company visited a property Dyer had listed for sale, prompting one of Dyer's tenants to file a lawsuit against Continental in May. Continental Resources quietly filed a lawsuit. On March 19, it disclosed a 55% reduction in 2020 spending and three weeks later suspended its dividend and reduced output by 30% for April and May. According to the plaintiffs, Casillas Petroleum, Continental Resources backed out of a deal to buy oil and gas properties from Casillas. 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.. During a February 2014 blizzard, a Continental Resources pickup that was passing through the Cave Hills area of northwestern South Dakota struck and killed two cattle that belonged to Janvrins relatives. That being said, let's give these people the benefit of the doubt. All quotes delayed a minimum of 15 minutes. While his criminal trial with co-defendant Blaine Dyer is scheduled in February, the federal judge in the case has given attorneys until Dec. 28 to tell her how the additional charge against Blaine Dyer could impact how the case proceeds. 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. The case is Casillas Petroleum Resource Partners v Continental Resources, Tulsa County Oklahoma district court, No. Hey, look at that! Casillas could not immediately be reached for comment on the suit, filed on April 15, which asks the court to order Continental to complete the purchase and pay Casillas attorneys fees and other costs. As a named plaintiff, you acknowledge that you owned shares in . Perpetual says their offices are now up for sale and Continental used this opportunity to take photographs of confidential information. He has not yet been sentenced. However, its filings estimateit lost more than $5 million, over time. I've stolen from plenty of my former employers over the years, especially when I was poor and waited tables at Applebee's, but if true, that's quite a bold scheme. 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. The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice. In the lawsuit, the smaller firm is asking the court to order Continental to complete the acquisition and pay attorneys fees and other costs to Casillas. 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. Any trading and execution of orders mentioned on this website is carried out by and through OPCMarkets. According to information filed as part of the criminal case, Dyer could face up to 30 years in prison, a $1 million fine and be forced to forfeit any proceeds he obtained if he were found guilty of those initial charges. Patrick is the founder, editor and publisher of The Lost Ogle. Continental Resources has gone to court, filing a lawsuit against former employee, Levi Pack, a geologist accused of uploading company data and creating a program to give him remote access to Continental data on his cell phone. Here's more of what Continental calls "The Dyer Scheme:". I don't believe the lawsuit has been reported by any media outlet. On 04/22/2022 Continental Resources Inc filed a Property - Other Property lawsuit against Hefner, Robert V. This case was filed in Oklahoma County Courts, Oklahoma County Courthouse located in Seminole, Oklahoma. The case status is Pending - Other Pending. April 8, 2016. Continental Resources, for its part, is said tohave stopped drilling operationsand shut in most of its wells in North Dakota in light of the dire market conditions in the U.S. shale patch. OSDH: Almost 9,500 active cases of COVID-19 in OK, OSDH: Oklahomas COVID-19 hospitalizations increase, Nurse honored for devotion to patients with mental, Special needs teacher also runs hospice care for, Woman pays it forward for children during the holidays, Mom gives young Tinker airmen a home away from, Small town animal welfare officer makes big difference, Oklahoma woman helps cancer patient, others in need, St. Anthony Hospital employee Pays It Forward, Oklahoma History Center employee Pays It Forward, Its amazing! 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You can also receive an offer to lease or buy your minerals. 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. The deal was set to close roughly three weeks later, according to a lawsuit filed in Tulsa County District Court in Oklahoma. Plus, he could face up to 20 years in jail and be forced to forfeit any proceeds he obtained through proven criminal acts. The jury awarded Janvrin his full request for compensatory and punitive damages. Once inside the building, the lawsuit claims a Continental representativeaccessed and photographed confidential records belonging to Perpetual. Coatney pleaded guilty to the charge before U.S. District Judge Dishman on Oct. 6, 2021. That would be over $1. Numerous motions and counter motions seeking evidence plus a motion filed by Hefner's attorney seeking sanctions against Continental Resources were filed in December. According to the lawsuit filed by Casillas Petroleum, Continental first proposed a delay in the closing date of the deal. 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. Why is this public record being published online? Continental Resources also added Robert Hefner V and other defendants to its 2020 case at about the same time. They expected the deal to be closed some three weeks later. in a lawsuit it filed on april 20, 2020, continental resources accused blaine dyer and numerous co-conspirators of working with at least one of its employees to cheat the company out of. Biggs, a one-time senior landman at Continental Resources, was accused of working with a co-conspirator he had hired to securemineral rights for the company and others to use confidential company information to commit honest services wire fraud. UniCourt uses cookies to improve your online experience, for more information please see our Privacy Policy. Dont buy a teeth whitening gel before reading these reviews. Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Seven counts of honest services wire fraud. It then terminated the agreement on March 24. Crashing oil prices have upset several deals in the process of closing. Janvrin formed J&J Trucking in 2010. Case Details Parties Documents Dockets. According to the lawsuit filed on April 15, the two companies struck the agreement on March 6. Please, U.S. Natural Gas Demand Set To Climb As Cold Weather Closes In, Bullish Catalysts Are Mounting For Copper, Central Asias Glaciers Are Melting At Astonishing Rates, Gas Flowing To Freeport LNG, Restart Timeframe Unchanged, U.S. Continental Resources, Inc. is the defendant in a proposed collective action in which the plaintiff claims the oil company deliberately failed to pay time-and-a-half overtime wages. In September, Perpetual filed a second amended petition that seeks at least $10,000 from Continental Resources. Continental has admitted it. It claims Dyer and othersthen soldthose rights to Continental or executed drilling leases with the companyat much higher values than what it should have paid. Continental filed its notice of appeal in July 2017, and the U.S. Court of Appeals for the Eighth Circuit ruled against Continental on Aug. 20 of this year. 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, Crude prices made gains after federal holiday in the US, Rep Coleenergy security is national security, EV ban proposal dies in Wyoming legislature. Trading and investing carries a high risk of losing money rapidly due to leverage. Arizona will take down a makeshift wall made of shipping containers at the Mexico border, settling a lawsuit and political tussle with the U.S. government over trespassing on federal lands. OKLAHOMA CITY An Oklahoma company has alleged an executive stole their secrets to make money. 2022-07-07. The suit goes on to say Continental used the realtor to access private offices to take photos of the confidential information. Merchant of Record: A Media Solutions trading as Oilprice.com, That email address is already in the database. According to court documents, someone under the employ of Continental posed as a St. Coatney, an attorney, was accused of working with Biggs and others to use confidential Continental Resources information involving its drilling plans to commit honest service wire fraud. ofworking together to illegally search its offices, Perpetual filed a second amended petition, Continental Resources civil, related criminal cases updates provided. A jury awarded Janvrin compensatory and punitive damages at the conclusion of a 2017 trial.
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