The WSJ article did NOT say that SN overpaid for the leases. Independent parties examined the lease offers and judged them fair before the lease agreement was made. The article said there was controversy. No wrongdoing was established.
Perhaps there is no illegal transgression here but the odor around it is rather strong. Looking at the price action since the disclosure would suggest that selling pressure is upon SN. Nevertheless, this may be an opportunity to purchase the stock with a view to exiting at $27
Altruism in action. The law firm of Dewey, Cheatum, and Howe rides to our rescue. The probable settlement they seek will be a discount coupon on a gallon of gas for shareholders and millions in cash for the law firm.