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. Speaker Kevin McCarthy (R-Calif.) on Tuesday said Rep. George Santos (R-N.Y.) will be seated on committees, after the embattled freshman lawmaker admitted to embellishing parts of his resume. March 6, however, was the day on which the OPEC+ deal collapsed. 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. Janvrin, who called himself an old bachelor rancher, said he hasnt made any decisions about what to do with the money. Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction. This post has been edited to keep it and the comments section in focus. He has not yet been sentenced. Coatney pleaded guilty to the charge before U.S. District Judge Dishman on Oct. 6, 2021. Individuals should consider whether they can afford the risks associated to trading. Merchant of Record: A Media Solutions trading as Oilprice.com, That email address is already in the database. I guess we know how they afforded all their nice equipment! Both lawsuits were brought Monday under a 2019 state law that extends the right of people who say they were abused as children to sue until their 30th birthday a decade longer than before.</p> <p . Anyway, you can read more about the lawsuit and all the fun stuff over at OSCN.net. Allegations contained in its 2020 litigation also have led to federal prosecutors' success in acquiring fraud convictions against two men and grand jury indictments against two more men who are targeted as principal defendants in the company's civil suit. U.S. crude futures prices have tumbled, with coronavirus-related lockdowns and travel restrictions souring demand as OPEC and other producers waged a price war, sending oil to $13 a barrel this month from $61 at the start of the year. Can you use an expired at-home COVID-19 test? Continental Resources did not respond to a request for comment. During a February 2014 blizzard, a Continental Resources pickup that was passing through the Cave Hills area of northwestern South Dakota struck and . According to the suit, Continental operatives took confidential information from Perpetual under the guise of a real estate showing. 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.". The case status is Pending - Other Pending. 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. He also testified that he had received and deposited four checks from co-conspirators as part of the scheme. They expected the deal to be closed some three weeks later. The suit was filed under the Oklahoma Consumer Protection Act after Continental learned from a whistleblower in Wollas accounting department notified Continental about systematic overbilling in connection with the arrangement made between the two firms. Coatney 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. Judge Bonner ruled in February 2022 the trial against Dyer and the others could proceed after they attempted to have the case thrown out because they claimed Continental didn't follow required guidelines to gather evidence as part of its case. To start a Class Action lawsuit, please sign the Continental Resources, Inc. Dont buy a teeth whitening gel before reading these reviews. With the help of others, a little Podunk sheepherder from nowhere took on a giant and made a statement, said Jerry Janvrin, 66, who manages a ranch near Buffalo, according to the Rapid City Journal. However, its filings estimateit lost more than $5 million, over time. By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, Here's more of what Continental calls "The Dyer Scheme:". Perpetual says their offices are now up for sale and Continental used this opportunity to take photographs of confidential information. 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. Lawmakers including Reps. Adam Schiff (D-Calif.), Ilhan Omar (D-Minn.) and Sen. Raphael Warnock (D-Ga.) said in TV appearances that they supported the appointment of Robert []. However, White argued the company first should have notified Dyer's legal team of its concerns and argued those before a judge to see whether the stay blocking discovery involving Dyer should have been lifted. But Continental got cold feet and proposed to postpone the closing. Oklahoma County District Court records show Continental Resources originally included Biggs as a defendant in its civil suit. 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. Hell get seated on committees, McCarthy said in the Capitol when asked if he would be assigned to any panels. When sentenced, Biggs 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 is a ruthless company, and we can't just take their word for granted. It also suspended its quarterly dividend until further notice as part of its proactive strategy to manage cash flow in a challenging commodity price environment., Oil Storage Crisis Deepens As API Reports Very Large Crude Inventory Build, Another Big Shale Driller Stops Operations In The Bakken, Colonial Shuts Key Fuel Pipeline To The U.S. Northeast, Saudis Wont Let Oil Stay At $75: Pioneer CEO, U.S. to use confidential company information to commit honest services wire fraud. On Tuesday, a lawsuit alleged a big scandal in the local oil and gas scene. Most of J&J Truckings business came from CTAP LLC, an equipment supplier with a location in Bowman, North Dakota. 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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. Reporting by Liz Hampton; Editing by David Gregorio. Screwing your employer and working a flawed system to your financial advantage is unethical and wrong! 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. Here's what we know about what happens next. Plus, he could face up to 20 years in jail and be forced to forfeit any proceeds he obtained through proven criminal acts. However, Andrews agreed to dismiss Hefner Energy Holdings (a business Hefner closed) from the case during a subsequent September hearing. 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. 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. 74-89% of retail investor accounts lose money. Crashing oil prices have upset several deals in the process of closing. I would post a response from one of the scores of people that were sued, but no one has filed one yet. 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