SECURITIES ALERT: The Rosen Law Firm Reminds SandRidge Mississippian Trust I Investors of the Important Deadline in the Class...
June 19 2015 - 3:39PM
Business Wire
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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150619005811/en/
The Rosen Law Firm, P.A.Laurence Rosen, Esq.Phillip Kim,
Esq.Kevin Chan, Esq.275 Madison Avenue, 34th FloorNew York, NY
10016Tel: 212-686-1060Toll Free: 866-767-3653Fax:
212-202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
SandRidge Mississippian ... (NYSE:SDT)
Historical Stock Chart
From Oct 2024 to Nov 2024
SandRidge Mississippian ... (NYSE:SDT)
Historical Stock Chart
From Nov 2023 to Nov 2024