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Litwin v. Oceanfreight, Inc. et al
Case Number:
1:11-cv-07218
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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November 02, 2011
Last-Ditch Effort To Stop OceanFreight Merger Capsizes
A New York federal judge on Wednesday rejected an OceanFreight Inc. shareholder's last-minute attempt to thwart the shipping company's merger with DryShips Inc., ruling that a temporary restraining order and preliminary injunction were not warranted.
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October 14, 2011
OceanFreight Investors Try To Sink $239M DryShips Deal
A purported class of OceanFreight Inc. shareholders on Thursday sued to block DryShips Inc.'s pending $239 million purchase of the dry bulk shipper, saying the proposed deal is designed to take advantage of a short-term dip in OceanFreight stock.