NEW YORK, Oct. 8, 2015 /PRNewswire/ -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Ocean Rig UDW, Inc. ("Ocean Rig " or the "Company") (NasdaqGS: ORIG -News). Such investors are advised to contact Peretz Bronstein or his investor relations coordinator Eitan Kimelman at info@bgandg.com or 212-697-6484.

The investigation concerns whether Ocean Rig and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

On October 7, 2015, post-market, Ocean Rig announced a fleet update, reporting in part that: "The [company's drilling ship] Ocean Rig Mylos is in the process of completing its current well in Brazil. On September 25, 2015, [Ocean Rig] received notice of material breach under the contract which entitles our client to terminate the contract if such breach is not remedied within 75 days. We believe that such notice is totally without merit and we intend to vigorously defend our rights under the contract."

Following this news, shares of Ocean Rig fell $0.38 or 14.50% during intraday trading to trade at $2.24 on October 8, 2015.

If you are aware of any facts relating to this investigation, or purchased shares of Ocean Rig, you can assist this investigation by contacting Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman 212-697-6484
info@bgandg.com

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SOURCE Bronstein, Gewirtz & Grossman, LLC