The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired
shares of SandRidge Mississippian Trust I (“SandRidge Mississippian”)
(NYSE:SDT) pursuant to the Initial Public
Offering on or about April 7, 2011 and/or between April 7, 2011
and November 8, 2012.
You are hereby notified that a securities class action lawsuit
has been commenced in the United States District Court for the Western
District of Oklahoma. If you purchased or otherwise acquired SandRidge
Mississippian shares pursuant to the IPO and/or between April 7, 2011
and November 8, 2012, your rights may be affected by
this action. To get more information go to:
http://zlk.9nl.com/sandridge-mississippian-sdt
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There
is no cost or obligation to you.
The complaint alleges that SandRidge Mississippian made false and/or
misleading statements and failed to disclose that: (a) the underlying
properties from which the royalty interests were conveyed to the Company
consisted of far more low-margin natural gas deposits and far fewer
high-margin oil deposits; and (b) the reserves of oil in the underlying
properties associated with SandRidge Mississippian were vastly
overstated.
If you suffered a loss in SandRidge Mississippian you have until August
10, 2015 to request that the Court appoint you as lead
plaintiff. Your ability to share in any recovery doesn’t require that
you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm’s attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. Attorney advertising. Prior results
do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30
Broad Street - 24th Floor
New York, NY 10004
Tel: (212)
363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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