ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Transocean Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – RIG

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].