IRVINE, CA / ACCESSWIRE / August 16, 2017 / Khang & Khang LLP (the "Firm") announces a securities class action lawsuit against DryShips Inc. ("DryShips" or the "Company") (NASDAQ: DRYS). Investors, who purchased or otherwise acquired shares from June 8, 2016 through July 12, 2017, inclusive (the "Class Period"), are encouraged to contact the Firm before the September 12, 2017 lead plaintiff motion deadline.
If you purchased DryShips shares during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang LLP, 4000 Barranca Parkway, Suite 250, Irvine, CA 92604, by telephone at (949) 419-3834, or by e-mail at joon@khanglaw.com.
There has been no class certification in this case yet. Until certification occurs, you are not represented by an attorney. You may also choose to take no action and remain a passive class member.
According to the Complaint, throughout the Class Period, DryShips made false and misleading statements and/or failed to disclose: that the Company engaged in a systemic stock-manipulation scheme to artificially inflate its share price; that DryShips' transactions with Kalani were an illegal capital-raising scheme, due in part to Kalani's failure to register as an underwriter with the U.S. Securities & Exchange Commission; and that, as a result, DryShips' public statements were materially false and misleading at all relevant times. When this information was released to the public, shares of DryShips decreased in value materially, which caused investors harm according to the lawsuit.
If you wish to learn more about this lawsuit, or if you have questions concerning this notice or your rights, please contact Joon M. Khang, Esq., a prominent litigator for nearly two decades, by telephone at (949) 419-3834, or by e-mail at joon@khanglaw.com.
This press release may constitute Attorney Advertising in certain jurisdictions.
Contact:
Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com
SOURCE: Khang & Khang LLP
