NEW YORK, NY — (Newsfile Corp. – December 31, 2024) – Why: The Rosen Law Firm, a global investor rights law firm, has announced that a shareholder has filed a class action on behalf of the purchasers. TRANSOCEAN LIMITED . (NYSE: NYSE: ) securities between October 31, 2023 and September 9, 2024, both dates inclusive (the “Class Period”). A class action has already been filed. If you want to act as lead plaintiff, you must approach the court. Not later than February 24, 2025.
So what: If you purchased Transocean Securities during the Class Period, you may be entitled to reimbursement of any out-of-pocket fees or expenses incurred through the Contingency Fee Arrangement.
What to do next: To join a transoceanic class action, visit https://rosenlegal.com/submit-form/?case_id=32789 or call Phillip Kim, Esq. For class action information call toll free at 866-767-3653 or email case@rosenlegal.com. A class action lawsuit has already been filed. If you want to act as lead plaintiff, you must approach the court. Not later than February 24, 2025. A lead plaintiff is a representative party that acts on behalf of other class members to litigate.
Why Rosen’s Law: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in choosing advice. The Rosen Law Firm represents investors worldwide, focusing its practice on securities class actions and shareholder derivative litigation. The Rosen Law Firm secured the largest securities class action settlement ever against a Chinese company at the time. Rosen Law Firm was rated #1 by ISS Securities Class. Action (WA:) Services for Number of Securities Class Action Settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the firm raised over $438 million for investors. In 2020, founding partner Lawrence Rosen was named a Titan of the Plaintiff Bar by Law360. Many of the firm’s lawyers have been recognized by LordRigan and Super Lawyers.
Case details: According to the lawsuit, the class period statements were false and/or materially misleading because (1) Inspiration to discover And Development Driller III were considered non-strategic assets. (2) The values ​​of the company’s recorded assets were overstated. (3) Consequently, the Company will incur a loss of approximately double the selling price of the vessels on sale. and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the real details entered the market, the lawsuit claims, investors were harmed.
To join the Transocean class action, visit https://rosenlegal.com/submit-form/?case_id=32789, call Phillip Kim, Esq. For information about the class action, call toll-free at 866-767-3653, or email case@rosenlegal.com.
No classes are confirmed. Unless a class is certified, you are not represented by an attorney unless you retain one. You can choose the lawyer of your choice. You can also remain an absent class member and do nothing at this time. An investor’s ability to participate in any potential future recovery is not dependent on serving as lead plaintiff.
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