Odyssey Marine Exploration : Scott+Scott, Attorneys at Law, LLP : Announces Investigation of Odyssey Marine Exploration Inc. (OMEX)

Posted on Apr 12, 2015


Scott+Scott, Attorneys at Law, LLP (“Scott+Scott”), a national shareholder and consumer rights litigation firm, announces the commencement of an investigation into Odyssey Marine Exploration Inc. (NASDAQ:OMEX) (“OMEX”) related to potential violations of federal securities laws. If you are an OMEX shareholder, you are encouraged to contact Scott+Scott for additional information.

OMEX (NASDAQ:OMEX) specializes in shipwreck search and recovery. OMEX focuses on deep ocean shipwrecks and conducts salvage operations, cargo recovery services, and archaeological artifact finds.

On October 31, 2013, Meson Capital Partners published an investigative report stating that OMEX co-founders “Greg Stemm and John Morris’s previous shipwreck hunting company Seahawk… was sued by the SEC.” The report also stated that “OMEX presents $ 179 million of off balance sheet value in their investments in offshore mining businesses… despite the fact the investments are carried on the [OMEX’s] balance sheet at $ 0.” On this news OMEX shares dropped over 23%, from $ 2.84 to 2.16 per share.

What You Can Do

If you are an OMEX shareholder and you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joseph Halloran at (800) 404-7770 or (646) 582-0121 or at or jhalloran@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.

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