BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of Top Ships Inc. (“Top Ships” or the “Company”) (NASDAQ: TOPS) investors concerning the Company and its officers’ possible violations of federal securities laws.
The investigation focuses on allegations that Top Ships’ CEO, Evangelos J. Pistolis, caused the Company to engage in a series of manipulative share issuance and sales transactions with Kalani Investments Limited (“Kalani”) and related entities. Mr. Pistolis would purportedly cause Top Ships to sell common shares to Kalani at a significant discount compared to market price and would then file registration statements so that Kalani could resell those shares into the market.
If you purchased Top Ships securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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