Jan 28 Hedge fund TPG-Axon, one of SandRidge
Energy Inc's top shareholders, asked the oil and gas
company's board to engage "credible experts" to review land
deals involving entities controlled by Chief Executive Tom Ward
and his family and re-iterated its call to suspend the CEO.
SandRidge's board said on Friday it had reviewed the deals
and had found no wrongdoing.
"For the board to dismiss our concerns as 'entirely
unremarkable' is in fact remarkable," TPG-Axon said on Monday,
responding to the board's findings.
"We challenge the board to either do something, or make
clear they will not," said the hedge fund, which owns 6.7
percent of the company.