Investors Alert: Class Action Lawsuit Filed Against Transocean Ltd.

Potential Violations of Securities Laws Could Affect You

The Schall Law Firm, a national leader in shareholder rights litigation, has announced a class action lawsuit against Transocean Ltd. (“Transocean” or “the Company”) RIG. This lawsuit addresses violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934, along with Rule 10b-5 as set forth by the U.S. Securities and Exchange Commission.

Important Timeline for Affected Investors

Investors who bought securities of Transocean between October 31, 2023, and September 2, 2024, (the “Class Period”) should reach out to the firm before February 24, 2025, to discuss their options.

How to Participate in the Lawsuit

If you are a shareholder who has experienced a loss, click here to explore your participation options.

Contact Information for Investors

For a free consultation on your rights, please contact Brian Schall at the Schall Law Firm, located at 2049 Century Park East, Suite 2460, Los Angeles, CA 90067. You can reach him at 310-301-3335, visit the firm’s website at www.schallfirm.com, or email bschall@schallfirm.com.

Understanding Your Representation

Please note that the class has not yet been certified. Until certification, you will not be represented by an attorney if no action is taken. Remaining inactive means you will be considered an absent class member.

Allegations Against Transocean

The Complaint states that Transocean made misleading statements regarding its asset management. Specifically, the Company mischaracterized its vessels, including the Discoverer Inspiration and Development Driller III, which were not recognized as strategic assets. Moreover, the Company allegedly inflated its asset valuations and would incur significant losses—nearly double the sale price—if these vessels were sold. As a result, investors suffered when the true situation came to light, revealing that the Company’s public statements had been misleading during the Class Period.

Join the Effort to Recover Losses

Opt to join the case and stand a chance to reclaim your lost investments.

About the Schall Law Firm

The Schall Law Firm advocates for investors globally, focusing on securities class action lawsuits and shareholder rights.

Legal Disclaimer

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