SandRidge Mississippian Trust I Provides Update on Legal Proceedings Against the Trust
SandRidge Energy, Inc. (SD)
Last sandridge energy, inc. earnings: 2/21 04:15 pm
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US:NYSE Investor Relations:
investors.sandridgeenergy.com/investor-relations/overview/default.aspx
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Source: Business Wire
HOUSTON--(BUSINESS WIRE)--SANDRIDGE MISSISSIPPIAN TRUST I (OTC: SDTTU) today announced that on September 11, 2025, the court in the proceeding styled as Duane & Virginia Lanier Trust v. SandRidge Mississippian Trust I (the “Securities Litigation”) granted summary judgment in favor of the Trust. The plaintiff has until October 14, 2025 to appeal the court’s order. If no appeal or post-judgment motion is filed, at that point the litigation against the Trust would be deemed to be concluded and the Trust would expect to announce shortly thereafter a final distribution to Trust unitholders of the Trust’s remaining cash (after payment or provision for remaining Trust expenses), which include the net proceeds from the sale of the Trust’s royalty interests in April 2021 that the Trustee had withheld as part of its cash reserve to provide for the Trust’s potential liabilities under the Securities Litigation as required by the Delaware Statutory Trust Act.The Trust units will be removed fro
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SD
Sec Filings
- 11/17/25 - Form 4
- 11/6/25 - Form 10-Q
- 11/5/25 - Form 8-K
- SD's page on the SEC website