Mitchell v. Red Bluff Resources Operating, LLC
Mitchell v. Red Bluff Settlement
CJ-2021-323

Welcome to the Mitchell v. Red Bluff Settlement Website

If You Received Oil and Gas Proceeds Payments from Red Bluff Resources Operating, LLC from July 21, 2016, to November 20, 2021, You Could Be a Part of a Proposed Class Action Settlement.

Important Update: The Court granted final approval to the Settlement on January 17, 2023. Copies of the Court's Order and other relevant pleadings are available on the Important Documents page.

What is this lawsuit about?

The Litigation seeks damages for Defendant’s alleged failure to pay statutory interest on allegedly late payments under Oklahoma law.

Defendant expressly denies all allegations of wrongdoing or liability with respect to the claims and allegations in the Litigation. The Court has made no determination with respect to any of the parties’ claims or defenses.

Who is included?

The Settlement Class in the Litigation consists of all non-excluded persons or entities owning a royalty interest and/or overriding royalty interest in Oklahoma oil and gas wells who: (1) received payments from Defendant (or Defendant’s designee) for proceeds attributable to Oklahoma oil or gas production beyond the timeframes set forth in 52 O.S. § 570.10(B) during the Claim Period; and (2) whose payments did not include the statutory interest required by 52 O.S. § 570.10(D).

A list of the persons or entities excluded from the Classes can be found in the Notice of Proposed Settlement, which is available for download from the Important Documents page.

If you belong to the Settlement Class and the Settlement is approved, your legal rights will be affected. Read the Notice carefully to see what your rights and options are in connection with the Settlement.

What does the Settlement provide?

In settlement of all claims alleged in the Litigation, Defendant has agreed to pay One Million, One Hundred Thousand Dollars ($1,100,000.00) in cash (“Gross Settlement Fund”). In exchange for the payment noted above and other good and valuable consideration outlined in the Settlement Agreement, the Settlement Class Participants shall release the Released Claims against the Released Parties. The Gross Settlement Fund, less Class Counsel’s Fees and Expenses, and other costs or deductions approved by the Court (the “Net Settlement Fund”), will be distributed to the Settlement Class Participants pursuant to the terms of the Settlement Agreement.

YOUR LEGAL RIGHTS AND OPTIONS

These deadlines may be moved, canceled, or otherwise modified, so please check this site regularly for updates.

Option and Deadline Event
Do Nothing, Participate In The Settlement By taking no action, Class Members’ interests will be represented by Plaintiff as the Class Representative and Plaintiff’s Counsel. If the Court approves the Settlement and after the final resolution of any objections or appeals, the Court-appointed Settlement Administrator will issue payments to Class Members, without any further action from you. As a Settlement Class Participant, you will be bound by the Settlement Agreement and all orders and judgments entered by the Court regarding the Settlement.
Exclude Yourself
(received by December 27, 2022, at 4:00 p.m. CT)
(Passed) 		Class Members who do not wish to be a member of the Settlement Class must exclude themselves from the Settlement Class. If you validly request exclusion, you will not receive any distribution from the Net Settlement Fund, you cannot object to the Settlement, and you will not have released any claim against the Released Parties. You will not be legally bound by anything that happens in the Litigation. For more information, see FAQ 6.
Object
(received by December 27, 2022, at 4:00 p.m. CT)
(Passed) 		Settlement Class Participants have the right to remain a Participant but still object to the proposed Settlement and any terms thereof. To object to the Settlement, Allocation Methodology, application for Class Counsel’s Fees and Expenses, and/or the Case Contribution Award, the Settlement Class Participant must file a written statement with the Court. For more information, see FAQ 7.
Attend the Final Fairness Hearing
on January, 17 2023, at 9:30 a.m. CT		 At the Fairness Hearing, the Court will consider: (a) whether the Settlement is fair, reasonable, and adequate; (b) any timely and properly raised objections to the Settlement; (c) the Allocation Methodology; and (d) the application for Class Counsel’s Fees and Expenses.

For More Information

Visit this website often to get the most up-to-date information.

Call
1-855-579-1310
Email
info@mitchell-redbluff.com
Mail
Mitchell v. Red Bluff Settlement
c/o JND Legal Administration
PO Box 91306
Seattle, WA 98111