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Scott+Scott, Attorneys at Law, LLP Alerts Investors to the Filing of a Securities Class Action Against DryShips, Inc. (NASDAQ: DRYS)

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Scott+Scott,
Attorneys at Law, LLP
("Scott+Scott"), a national securities and
consumer rights litigation firm, is notifying investors that a class
action lawsuit has been filed against DryShips, Inc. (NASDAQ:DRYS)
("DryShips" or the "Company") and other defendants, related to alleged
violations of federal securities laws. If you are a DryShips
shareholder, you are encouraged to contact Scott+Scott for additional
information. Investors have until September 12, 2017, to move for lead
plaintiff.

DryShips is holding company that owns drybulk carriers and offshore
support vessels.

The lawsuit concerns a series of transactions beginning on or around
June 8, 2016, wherein DryShips raised hundreds of millions of dollars in
capital by selling newly-issued shares directly to Kalani Investments
Ltd., a British Virgin Islands firm.

On July 13, 2017, an article published in The Wall Street Journal
described how DryShips "sold vast sums of discounted shares to an
offshore firm and propped up prices with ‘reverse splits,' sending
investors on a wild ride that, for many, ended with steep losses."

DryShips is currently trading at around $0.90 per share.

What You Can Do

If you are a DryShips shareholder who purchased shares in the Company
between June 8, 2016 and July 12, 2017, inclusive, or if you have
questions about this notice or your legal rights, please contact
attorney Joe Pettigrew at (844) 818-6982, or at jpettigrew@scott-scott.com.

About Scott+Scott, Attorneys at Law, LLP

Scott+Scott has significant experience in prosecuting major securities,
antitrust, and employee retirement plan actions throughout the United
States. The firm represents pension funds, foundations, individuals, and
other entities worldwide with offices in New York, London, Connecticut,
California and Ohio.

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