New York, NY — (Newsfile Corp. – January 18, 2025) – why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities: Transocean Co., Ltd. . (NYSE: NYSE:) October 31, 2023 through September 2, 2024 (inclusive) (the “Class Period”) February 24, 2025 Lead Plaintiff Deadline.
so what: If you purchased Transocean securities during the Class Period, you may be entitled to compensation through a contingency fee arrangement without payment of any out-of-pocket fees or costs.
What to do next: To join the Transocean class action, go to https://rosenlegal.com/submit-form/?case_id=32789 or call Phillip Kim. Toll-free 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you want to be the lead plaintiff, you need to move courts No later than February 24, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why choose Rosen Law: We encourage investors to select qualified attorneys with a track record of success in leadership roles. Companies issuing notices often do not have comparable experience, resources, or meaningful peer evaluations. Many of these firms do not actually file securities class action lawsuits, but are merely intermediaries who refer clients or work with law firms that actually litigate cases. Be wise when choosing a lawyer. The Rosen Law Firm represents investors throughout the world, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest securities class action settlement at the time against a Chinese company. Rosen Law Firm Ranked #1 in ISS Securities Class action (WA:) 2017 Securities Class Action Settlement Service. The company has been ranked in the top four every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company secured over $438 million from investors. In 2020, founding partner Lawrence Rosen was named a Titan of Plaintiffs' Lawyers by Law360. Many of our attorneys are recognized by Lawdragon and Super Lawyers.
Details of the incident: According to the complaint, during the Cas period, the defendants made false and misleading statements and failed to disclose: (1) discoverer's inspiration and Development Driller III considered a non-strategic asset. (2) Transocean's asset valuation was overvalued. (3) As a result, if Transocean were to sell the vessel, it would receive an impairment loss of approximately twice the sale price. (4) as a result of the foregoing, Defendants' positive statements about Transocean'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 call Representative Phillip Kim. Toll-free 866-767-3653 or email case@rosenlegal.com for information on the class action.
There are no certified classes. Until a class is certified, you are not represented by counsel unless you retain one. You can choose the lawyer of your choice. You can also remain absent and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent on whether he or she serves as lead plaintiff.
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