The Rosen Law Firm, a global investor rights law firm, reminds
purchasers of SandRidge Mississippian Trust I (NYSE:SDT) common units
from April 7, 2011 through November 8, 2012, both dates inclusive (the
“Class Period”), of the important August 10, 2015 lead plaintiff
deadline in the class action lawsuit by the firm. The lawsuit seeks to
recover damages for SandRidge Mississippian Trust I investors under the
federal securities laws.
To join the SandRidge Mississippian Trust I class action, go to the
firm’s website at http://www.rosenlegal.com/cases-631.html
or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653
or email pkim@rosenlegal.com or kchan@rosenlegal.com
for information on the class action. The lawsuit is pending in U.S.
District Court for the Western District of Oklahoma.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU
MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU
MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, defendants made false and/or misleading
statements and failed to disclose that: (1) the underlying properties
from which the royalty interests were conveyed to SandRidge
Mississippian Trust I consisted of far more low-margin natural gas
deposits and far fewer high-margin oil deposits, and (2) the reserves of
oil in the underlying properties associated with Trust I were vastly
overstated. When the true details entered the market, the lawsuit claims
that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as
lead plaintiff, you must move the Court no later than August 10, 2015. A
lead plaintiff is a representative party acting on behalf of other class
members in directing the litigation. If you wish to join the litigation,
go to the firm’s website at http://www.rosenlegal.com/cases-631.html or
to discuss your rights or interests regarding this class action, please
contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm,
toll-free, at 866-767-3653, or via e-mail at pkim@rosenlegal.com or
kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and shareholder
derivative litigation.
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