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Contact The Gross Law Firm by February 24, 2025 Deadline to Join Class Action Against Transocean Ltd.(RIG)
Prnewswire· 2025-01-13 10:45
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].
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Transocean Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – RIG
GlobeNewswire News Room· 2025-01-11 14:22
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].
Transocean: Unparalleled Focus On The High-Specification Drillship Market
Seeking Alpha· 2025-01-11 08:31
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]
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Transocean Ltd.(RIG) Shareholders
Prnewswire· 2025-01-10 10:45
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 ...
Shareholder Rights Law Firm Robbins LLP Reminds Stockholders of the RIG Class Action and Urges Investors with Large Losses to Contact the Firm for Information About Participating in the Case
Prnewswire· 2025-01-10 00:07
SAN DIEGO, Jan. 9, 2025 /PRNewswire/ -- Robbins LLP reminds investors that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Transocean Ltd. (NYSE: RIG) securities between October 13, 2023 and September 2, 2024. Transocean, together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Robbin ...
Transocean Ltd. Investors: Please contact the Portnoy Law Firm to recover your losses.
GlobeNewswire News Room· 2025-01-09 22:57
Class Action Lawsuit Against Transocean Ltd - The Portnoy Law Firm is advising Transocean Ltd (NYSE: RIG) investors regarding a class action lawsuit representing those who purchased securities between October 31, 2023 and September 2, 2024 [1] - Investors have until February 24, 2025 to file a lead plaintiff motion in the case [1] Allegations Against Transocean - The complaint alleges that during the class period, Transocean made false or misleading statements and failed to disclose important negative information about the company's business, operations, and future outlook [3] - Specifically, the defendants allegedly did not inform investors that: (1) The Discoverer Inspiration and Development Driller III were not considered key assets, (2) The company's asset valuations were inflated, (3) If sold, the company would have to write off almost twice the vessels' sale price, and (4) The defendants' positive statements about the company's business lacked a solid foundation [3] Legal Representation - The Portnoy Law Firm is representing investors in pursuing claims against Transocean for alleged corporate wrongdoing [4] - The firm's founding partner has recovered over $5.5 billion for aggrieved investors in previous cases [4]
Lost Money on Transocean Ltd.(RIG)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm
Prnewswire· 2025-01-09 10:45
NEW YORK, Jan. 9, 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=121488&from=4CLASS PERIOD: October 31, 2023 to Septemb ...
RIG Investors Have Opportunity to Lead Transocean Ltd. Securities Fraud Lawsuit
Prnewswire· 2025-01-09 02:07
NEW YORK, Jan. 8, 2025 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Transocean Ltd. (NYSE: RIG) between October 31, 2023 and September 2, 2024, both dates inclusive (the "Class Period"), of the important February 24, 2025 lead plaintiff deadline.So What: If you purchased Transocean securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.What to ...
Faruqi & Faruqi Reminds Transocean Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 24, 2025 - RIG
Prnewswire· 2025-01-08 15:29
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Transocean To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $75,000 in Transocean between October 31, 2023 and September 2, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, Jan. 8, 2025 /PRN ...
Transocean Ltd. (RIG) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-01-07 17:29
BENSALEM, Pa., Jan. 7, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Transocean Ltd. ("Transocean" or the "Company") (NYSE: RIG).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN TRANSOCEAN LTD. (RIG), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE FEBRUARY 24, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.Contact the Law Offices of Howa ...