NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Eastern District of New York on behalf of investors who purchased Top Ships Inc. (NASDAQ: TOPS) securities between January 17, 2017 and August 22, 2017.
Click here to learn about the case: http://www.wongesq.com/pslra-sbm/top-ships-inc?wire=2. There is no cost or obligation to you.
The complaint alleges that Top Ships’ CEO, Evangelos J. Pistiolis caused Top Ships to engage in a series of manipulative shares issuance/sales transactions with Kalani Investments Limited and certain of its entities. These transactions allowed Top Ships to finance related-party transactions and acquisitions that primarily benefited Pistiolis, his related companies, and other Company insiders.
If you suffered a loss in Top Ships you have until October 23, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email firstname.lastname@example.org, by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra-sbm/top-ships-inc?wire=2.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.