Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Ocean Rig UDW Inc (NasdaqGS: ORIG) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Ocean Rig UDW Inc (NasdaqGS: ORIG)  concerning whether a series of statements by Ocean Rig UDW Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On October 7, 2015, when the market closed, Ocean Rig UDW Inc (NasdaqGS: ORIG) made an annoucement in regards to a fleet update.  Ocean Rig UDW Inc said it received notice of material breach for its drillship Ocean Rig Mylos in Brazil which could result in a termination of contract within 75 days.

On this news, the company’s stock has fallen $0.33, or 12.6%, in after-hours trading on October 7, 2015.

Based in Nicosia, Cyprus, and founded in 1996 Ocean Rig UDW Inc is an offshore drilling contractor, providing oilfield services for offshore oil and gas exploration, development, and production drilling. Ocean Rig UDW Inc specializes in the ultra-deepwater and harsh-environment segment of the offshore drilling industry

If you purchased shares of Ocean Rig UDW Inc (NasdaqGS: ORIG) on or before On October 7, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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