SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of SandRidge Mississippian Trust I of Pendency of Class Action ...
August 07 2015 - 2:47PM
Business Wire
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, LLPEduard Korsinsky, Esq.30 Broad
Street - 24th FloorNew York, NY 10004Tel: (212) 363-7500Toll Free:
(877) 363-5972Fax: (212) 363-7171www.zlk.com
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version on businesswire.com: http://www.businesswire.com/news/home/20150807005766/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq.(212) 363-7500,
toll-free: (877) 363-5972jlevi@zlk.com
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