New York, New York–(Newsfile Corp. – December 31, 2024)– Why: Rosen Law Firm, a global investor rights law firm, announces that a shareholder has filed a class action lawsuit on behalf of a buyer TRANSOCEAN LIMITED . (NYSE:NYSE:) securities between October 31, 2023 and September 9, 2024, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the court No later than February 24, 2025.
so what: If you purchase 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 do next: To join the Transocean class action, go to https://rosenlegal.com/submit-form/?case_id=32789 or contact Phillip Kim, Esq. Toll free at 866-767-3653 or email case@rosenlegal.com for information about the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the court No later than February 24, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the lawsuit.
Why Rosen's Law: We encourage investors to select qualified advisors with a proven track record of success in leadership roles. Often, companies issuing notices do not have similar experience, resources, or any meaningful recognition from their peers. Be wise in choosing advisors. The Rosen Law Firm represents investors throughout the world, focusing its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever settlement of a securities class action lawsuit against a Chinese company at that time. Rosen Law Firm is Ranked #1 by ISS Securities Class an act (WA:) Services for a 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 company raised more than $438 million for investors. In 2020, co-founder Lawrence Rosen was named by Law360 as a Titan in the Plaintiffs Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Case details: According to the lawsuit, the statements made during the Class Period were materially false and/or misleading because (1) Discoverer's inspiration and Development drilling rig III They are considered non-strategic assets; (2) valuations of the Company's recorded assets were overstated; (3) as a result, the Company would be charged approximately double the selling price of the vessels if sold; 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 true details entered the market, the lawsuit claims, investors suffered damages.
To join the Transocean class action, go to https://rosenlegal.com/submit-form/?case_id=32789 and contact Phillip Kim, Esq. toll-free at 866-767-3653, or email case@rosenlegal.com for information about the class action.
No category is approved. Until the class is approved, you will not be represented by counsel 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 point. An investor's ability to participate in any potential future recovery is not dependent on serving as lead plaintiff.
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