Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Diana Containerships, Inc. (DCIX) and Encourages Investors to Contact the Firm
DIANA CONTAINERSHIPS (DCIX)
Last diana containerships earnings: 7/25 07:30 am
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US:NASDAQ Investor Relations:
dcontainerships.com/investors
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- Bragar Eagel & Squire, P.C. reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Eastern District of New York on behalf of all persons or entities who purchased or otherwise acquired Diana Containerships Inc. (NASDAQ:DCIX) securities between January 26, 2017 and October 3, 2017 (the “Class Period”). Investors have until December 22, 2017 to apply to the Court to be appointed as lead plaintiff in the lawsuit. The Complaint alleges that during the Class Period, CEO and Board Chairman Symeon P. Palios caused Diana to engage in manipulative share issuance and sales transactions with Kalani Investments and related entities. Through his control of Diana, Palios caused the Company to (1) sell its common shares and certain securities to Kalani at a significant discount to market price and (2) file Registration Statements so that Kalani could
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