INVESTOR ALERT: Goldberg Law PC Announces an Investigation of DryShips Inc.

LOS ANGELES--()--Goldberg Law PC, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of DryShips Inc. (“DryShips” or the “Company”) (Nasdaq: DRYS).

If you purchased or otherwise acquired DryShips shares, and would like more information regarding the investigation, we encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, 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 investigation focuses on whether DryShips and certain of its officers and/or directors violated federal securities laws. Between November 9, 2016 and November 16, 2016, the Company’s share price skyrocketed from $163 per share to $2,336 per share. According to a report published in The Wall Street Journal, DryShips issued stock totaling more than $500 million at the peak of the rally. The stock was sold to Kalani Investments, a British Virgin Islands company, who in turn sold the stock to smaller investors. The Wall Street Journal speculated that the Company’s founder, George Economou, may have made tens of millions in profits as a result of these events and transaction. On May 1, 2017, DryShips’ stock price closed at just $1.05 per share, a near 100% decline from its November 2016 high.

If you have any questions concerning your legal rights, 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
http://www.Goldberglawpc.com

Contacts

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