Recent Security Class Actions

Transocean Ltd (Switzerland) Common Stock (NYSE: RIG)

44 Days left to seek lead plaintiff status.

Company Name:Transocean Ltd (Switzerland) Common Stock
Stock Symbol:NYSE: RIG
Class Period Start:10/31/2023
Class Period End (inclusive):09/02/2024
Filing Deadline:02/24/2025

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) the Discoverer Inspiration and the Development Driller III were considered non-strategic assets; (2) the Company’s recorded asset valuations were overstated; (3) as a result, the Company would take nearly twice the vessels’ sale price in impairment if sold; and (4) that, 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

Transocean Ltd (Switzerland) Common Stock (NYSE: RIG) Claim Form

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