INVESTOR ALERT: Goldberg Law PC Announces Securities Class Action Lawsuit Against SandRidge Mississippian Trust I and Advises Shareholders with Losses Exceeding $100,000 to Contact Goldberg Law PC Prior to the Lead Plaintiff Deadline

Goldberg Law PC announces that a class action lawsuit has been filed in the United States District Court for the Western District of Oklahoma, against SandRidge Mississippian Trust I (“Trust I”) (NYSE: SDT), for alleged violations of the federal securities laws. Investors who purchased or otherwise acquired shares between April 7, 2011 and November 8, 2012, inclusive (the “Class Period”), have until August 10, 2015 to serve as lead plaintiff in the class action.

If you are a shareholder who suffered a loss during the Class Period, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 13650 Marina Pointe Dr. Suite 1404, Marina Del Rey, CA 90292, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at info@goldberglawpc.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

SandRidge Mississippian Trust I is a statutory trust that holds Royalty Interests in oil and gas properties located in the Mississippian formation counties of Oklahoma. According to the complaint, defendants made false and/or misleading statements and failed to disclose that: (1) the underlying properties from which the royalty interests were conveyed to 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 truth was revealed, the units of Trust I fell by 7.4%, more than 42% below the Class Period high.

If you have any questions concerning your legal rights in this case, please immediately contact Goldberg Law PC at 800-977-7401, or visit our website at http://www.Goldberglawpc.com, or email us at info@goldberglawpc.com.

Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts:

Goldberg Law PC, Los Angeles
Michael Goldberg, Esq., 800-977-7401
Brian Schall, Esq., 800-977-7401
info@goldberglawpc.com
Goldberglawpc.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.