INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In Either SandRidge Mississippian Trust I or SandRidge Mississippian Trust II To Conta

NEW YORK, July 7, 2015

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 both Companies 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 both Trust I and Trust II were vastly overstated.

When the true details entered the market, the units of Trust I declined from $18.95 per unit on November 8 to close at $17.54 per unit on November 9 (a 7.4% decline and a 42.5% decline from the Class Period high of $30.46 per share reached on February 9, 2012).

Meanwhile, the units of Trust II declined from $19.36 per unit on November 8 to close at $17.70 per unit on November 9 (a decline of more than 8.5% and a 13.6% decline from the Class Period high of $20.48 per share reached on April 27, 2012). 

Request more information now by clicking here:  www.faruqilaw.com/SDR. There is no cost or obligation to you.

Take Action

If you invested in Trust I stock or options between April 7, 2011 and November 8, 2012, and/or if you invested in Trust II stock or options between April 17, 2012 and November 8, 2012, and would like to discuss your legal rights, visit www.faruqilaw.com/SDR.  You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com.  Faruqi & Faruqi, LLP also encourages anyone with information regarding the Trusts' conduct to contact the firm, including whistleblowers, former employees, shareholders and others.