{"id":816299,"date":"2025-02-21T12:03:36","date_gmt":"2025-02-21T17:03:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/transocean-ltd-rig-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-9\/"},"modified":"2025-02-21T12:03:36","modified_gmt":"2025-02-21T17:03:36","slug":"transocean-ltd-rig-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-9","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/transocean-ltd-rig-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-9\/","title":{"rendered":"Transocean Ltd. (RIG) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n LOS ANGELES<\/span>
\n <\/span>, Feb. 21, 2025<\/span><\/span>\/PRNewswire\/ — <\/b>The Law Offices of Frank R. Cruz<\/span><\/a> announces that investors with losses related to Transocean Ltd. (“Transocean” or the “Company”) (NYSE: RIG<\/a><\/u>) have opportunity to lead the securities fraud<\/span> class action lawsuit.<\/p>\n

\n

\n
\n \"(PRNewsfoto\/The
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\n IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN TRANSOCEAN LTD. (RIG), CLICK\u00a0HERE<\/a>\u00a0BEFORE FEBRUARY 24, 2025<\/span> (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD<\/span> LAWSUIT.<\/b>\n <\/p>\n

\n What Is The Lawsuit About?
<\/b>The complaint filed alleges<\/span> that, between May 1, 2023<\/span> and September 2, 2024<\/span>, Defendants failed to disclose to investors: (1) the Discoverer Inspiration <\/i>and the Development Driller III <\/i>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;\u00a0 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.<\/p>\n

\n Contact Us To Participate or Learn More: <\/b>\n <\/p>\n

If you wish to\u202flearn more\u202fabout this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
The Law Offices of Frank R. Cruz,\u00a0
Email us at: info@frankcruzlaw.com<\/a>
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com<\/a>
Follow us for updates on Twitter: twitter.com\/FRC_LAW<\/a>.<\/p>\n

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.<\/p>\n

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. \u00a0<\/p>\n

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/transocean-ltd-rig-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-302382023.html<\/a><\/p>\n

SOURCE The Law Offices of Frank R. Cruz<\/span>, Los Angeles<\/span><\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire LOS ANGELES , Feb. 21, 2025\/PRNewswire\/ — The Law Offices of Frank R. Cruz announces that investors with losses related to Transocean Ltd. (“Transocean” or the “Company”) (NYSE: RIG) have opportunity to lead the securities fraud class action lawsuit. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN TRANSOCEAN LTD. (RIG), CLICK\u00a0HERE\u00a0BEFORE FEBRUARY 24, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. What Is The Lawsuit About? The complaint filed alleges that, between May 1, 2023 and September 2, 2024, 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 … <\/p>\n

Continue reading “Transocean Ltd. (RIG) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-816299","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTransocean Ltd. 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IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN TRANSOCEAN LTD. (RIG), CLICK\u00a0HERE\u00a0BEFORE FEBRUARY 24, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. What Is The Lawsuit About? The complaint filed alleges that, between May 1, 2023 and September 2, 2024, 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 … Continue reading "Transocean Ltd. 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