ROSEN, COUNSEL FOR TRUST INVESTORS, ENCOURAGES TRANSOCEAN LTD.’S INVESTORS. to Secure Counsel Before an Important Deadline in the Securities Class Action

New York, New York — (Newsfile Corp. – January 12, 2025) – FOR WHAT: Rosen Law Firm, a global investor rights firm, reminds buyers of securities Transocean Ltd . (NYSE: NYSE: ) between October 31, 2023 and September 2, 2024, both dates inclusive (the “Class Period”), of the February 24, 2025 deadline of the main actor.

SO WHAT: If you purchased Transocean securities during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee agreement.

WHAT TO DO NEXT: To join the Transocean class action, go to https://rosenlegal.com/submit-form/?case_id=32789 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information about the class action. A class action lawsuit has already been filed. If you want to serve as the main plaintiff, you must move the Court no later than February 24, 2025. A principal plaintiff is a representative party who acts on behalf of the other members of the class in conducting the litigation.

Why ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, companies issuing notices do not have comparable experience, resources, or significant peer recognition. Many of these firms do not actually litigate securities class actions, but are simply intermediaries who refer clients or partners with law firms that actually litigate cases. Be cautious in selecting counsel. The Rosen Law Firm represents investors around the globe, focusing its practice on securities class actions and shareholder derivative litigation. Rosen Law Firm has obtained the largest securities class action settlement against a Chinese Company at the time. Rosen Law Firm was ranked No. 1 by ISS Securities Class Action (WA:) Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company secured more than $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.

CASE DETAILS: According to the lawsuit, during the Cass period, the defendants made false and misleading statements and/or failed to disclose that: (1) the Discoverer’s inspiration and the Driller Development III they were considered non-strategic assets; (2) The valuations of Transocean’s recorded assets were overstated; (3) as a result, Transocean will receive nearly twice the sale price of the impaired vessels if sold; and (4) because of the foregoing, the defendants’ positive statements about Transocean’s business, operations and prospects were materially misleading and/or lacked a reasonable basis. When the real details entered the market, the lawsuit claims that investors suffered damages.

To join the Transocean class action, go to https://rosenlegal.com/submit-form/?case_id=32789, call Phillip Kim, Esq. toll-free at 866-767-3653, or email case@rosenlegal.com for information about the class action.

No Class has been certified. Until a class is certified, you are not represented by an attorney unless you retain one. You can choose the advice of your choice. You can also be an absent class member and do nothing at this point. The investor’s ability to share in any potential future recovery is not dependent on serving as the lead actor.

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To view the source version of this press release, visit https://www.newsfilecorp.com/release/236869