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 Diana Containerships Inc. (“Diana Containerships”) (NASDAQ: DCIX) securities between June 9, 2016 and October 3, 2017.
According to the complaint, the defendants allegedly engaged in a series of manipulative share issuance/sales transactions with Kalani Investments Limited and related entities in order to provide Diana Containerships with financing that benefited CEO and Chairman Symeon P. Palios, his related companies and family members, and otherwise funnel money to Company insiders.
If you suffered a loss in Diana Containerships you have until December 22, 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 receive more information, please fill out the form.