Miller Energy Resources, Inc. is an American exploration and production company in the oil and gas industry.

According to the Complaint, on or about the date of each of the Offerings, Defendants priced the Offerings and filed the final Prospectuses for those Offerings, which formed part of the Registration Statement pursuant to which Miller sold the preferred shares to the public.

The Complaint alleges the Registration Statement and the final Prospectuses were negligently prepared and as a result, contained untrue statements of material facts or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation.

The Court appointed Lead Plaintiff and Counsel on December 27, 2016. A consolidated Complaint was filed on January 5, 2017.

On June 1, 2018, Plaintiffs filed a Motion to Remand. On December 6, 2019, the Court issued an Order granting in part and denying in part Plaintiffs' Motion to Remand. The actions that were originally filed in state court were remanded to state court. The action that was originally filed in federal court continues.

On March 31, 2020, the Court issued an Order dismissing the case without prejudice. All pending motions were denied as moot and the Clerk of Court was directed to close this file.