NEW YORK, Jan. 16, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Transocean Ltd. (NYSE: RIG).Shareholders who purchased shares of RIG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/transocean-ltd-loss-submission-form/?id=123055&from=4CLASS PERIOD: October 31, 2023 to Septem ...

SAN DIEGO, Jan. 15, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Transocean Ltd. (NYSE: RIG) securities between October 31, 2023 and September 2, 2024, inclusive (the "Class Period"), have until Monday, February 24, 2025 to seek appointment as lead plaintiff of the Transocean class action lawsuit.  Captioned Gábor v. Transocean Ltd., No. 24-cv-09964 (S.D.N.Y.), the Transocean class action lawsuit charges Transocean and certain of Transocean's top current an ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Sco ...

Transocean Ltd. (RIG) is a global leader in offshore drilling services, specializing in the operation of mobile offshore drilling rigs for oil and gas exploration. Founded in 1926 and headquartered in Steinhausen, Switzerland, RIG has decades of experience providing high-specification drilling units for deepwater and harsh environment projects. The company serves a diverse clientele in some of the world’s most challenging oilfields, including major energy companies and government-owned corporations.As the e ...

Core Viewpoint - A class action securities lawsuit has been filed against Transocean Ltd. alleging securities fraud affecting investors between October 31, 2023, and September 2, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Transocean Ltd. made false statements and concealed critical information regarding the non-strategic status of oil rigs Discoverer Inspiration and Development Driller III [2]. - It is alleged that the company's asset valuations were overstated, leading to potential impairment losses nearly double the vessels' sale price if sold [2]. - The positive statements made by the defendants about the company's business and prospects were misleading and lacked a reasonable basis due to the aforementioned issues [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until February 24, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record, having secured hundreds of millions of dollars for shareholders over the past 20 years and is recognized as one of the top securities litigation firms in the United States [4].

Core Viewpoint - The Transocean class action lawsuit alleges that the company and certain executives made misleading statements regarding asset valuations and the strategic importance of certain rigs, leading to significant financial losses for investors during the specified class period [1][3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Gábor v. Transocean Ltd., and it involves purchasers of Transocean securities from October 31, 2023, to September 2, 2024, with a deadline of February 24, 2025, for lead plaintiff applications [1][5]. - The lawsuit claims that Transocean misrepresented the status of its Discoverer Inspiration and Development Driller III rigs, labeling them as "idle" while failing to disclose their non-strategic asset status [2][3]. - On September 3, 2024, Transocean announced the sale of the Development Driller III and Discoverer Inspiration for $342 million, which would incur a non-cash charge of up to $645 million due to asset impairment, resulting in a nearly 9% drop in stock price [4][3]. Group 2: Legal Process and Representation - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Transocean securities during the class period to seek lead plaintiff status, representing the interests of the class [5]. - The lead plaintiff has the authority to select a law firm for litigation, and participation as lead plaintiff does not affect the ability of other investors to share in any potential recovery [5]. Group 3: Company Background - Transocean provides offshore contract drilling services for oil and gas wells globally, and the lawsuit highlights concerns regarding the company's asset management and financial disclosures [2][3].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Transocean Ltd. regarding a class action lawsuit due to alleged misleading statements and overstatements of asset valuations during a specified class period [1][2]. Group 1: Allegations - The complaint alleges that during the class period from October 31, 2023, to September 2, 2024, Transocean Ltd. made materially false and/or misleading statements [1]. - Specific allegations include that the oil rigs Discoverer Inspiration and Development Driller III were considered non-strategic assets and that the company's recorded asset valuations were overstated [1]. - It is claimed that if sold, the company would incur nearly double the vessels' sale price in impairment, leading to misleading positive statements about the company's business and prospects [1]. Group 2: Class Action Details - Shareholders who purchased shares of RIG during the class period are encouraged to register for the class action, with a deadline of February 24, 2025, to seek lead plaintiff status [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2]. - Participation in the case incurs no cost or obligation for shareholders [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Transocean Ltd. securities during the specified class period of the upcoming lead plaintiff deadline on February 24, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Transocean securities between October 31, 2023, and September 2, 2024, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the court to serve as lead plaintiff by February 24, 2025 [2]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3]. Group 2: Case Allegations - The lawsuit alleges that during the class period, Transocean made false and misleading statements regarding its assets and business operations [4]. - Specific claims include that the Discoverer Inspiration and Development Driller III were deemed non-strategic assets, and that Transocean's asset valuations were overstated [4]. - The lawsuit asserts that if the vessels were sold, Transocean would incur nearly double the recorded sale price in impairment, leading to misleading positive statements about the company's prospects [4].

Personal Journey and Transformation - The individual transitioned from a research analyst role in Toronto to living in a yurt in the boreal forest, 100km from the nearest paved road or grocery store, emphasizing a shift towards self-sufficiency and a spiritual journey [1] - The move was driven by a desire to replace urban anxiety with love and to live deliberately, focusing on essential aspects of life [1] - The individual views life as a call option, embracing elevated volatility to maximize personal growth and value, drawing parallels to their experiences in both the city and the woods [1] Relationship with Financial Markets - Despite the dramatic change in lifestyle, the individual maintains a deep understanding of financial markets, particularly the importance of timing in maximizing the impact of actions [1] - The individual no longer compares investment returns to others or indices, focusing instead on personal growth and learning from direct experiences [1] Writing and Sharing Insights - Writing has been an integral part of the individual's investment research process, and they now aim to share their personal journey and insights with the world [1] - The individual emphasizes that their writings should be seen as a personal notebook rather than recommendations, cautioning readers against taking them too seriously [1]

NEW YORK, Jan. 10, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Transocean Ltd. ("Transocean Ltd." or the "Company") (NYSE: RIG) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Transocean Ltd. investors who were adversely affected by alleged securities fraud between October 31, 2023 and September 2, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/transocean-ltd-law ...