Federman & Sherwood announces that a securities class action lawsuit has been filed against SemGroup Energy Partners, L.P. (NASDAQ: SGLP)

Oklahoma City, OK (July 21, 2008) -- On July 21, 2008, a class action lawsuit was filed in the United States District Court for the Southern District of New York against SemGroup Energy Partners, L.P. (NASDAQ: SGLP).  The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material misrepresentations to the market which had the effect of artificially inflating the market price.  The class period is from February 20, 2008 through July 17, 2008.

Plaintiff seeks to recover damages on behalf of the Class.  If you are a member of the Class as described above, you may move the Court no later than Friday, September 19, 2008, to serve as a lead plaintiff for the Class.  However, in order to do so, you must meet certain legal requirements pursuant to the Private Securities Litigation Reform Act of 1995.

To join this class action, click here to obtain an investor certification.  Once complete, please email this form to kln@federmanlaw.com, fax to us at (405) 239-2112 or send by regular mail to Federman & Sherwood, 10205 North Pennsylvania Avenue, Oklahoma City, OK 73120, ATTN:  Lynn.