TRANSOCEAN SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Transocean Ltd. - RIG
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NEW ORLEANS, Jan.08, 2025 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until February 24, 2025 to file lead plaintiff applications in a securities class action lawsuit against Transocean Ltd.(the "Company”) (NYSE: RIG), if they purchased the Company’s securities between October 31, 2023 and September 2, 2024, inclusive (the "Class Period”).
The alleged false and misleading statements and omissions include, but are not limited to, that: (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) 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.
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