NEW YORK, NY / ACCESSWIRE / September 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Transocean Ltd. ("Transocean Ltd.") (NYSE:RIG) concerning possible violations of federal securities laws.
Transocean announced on September 3, 2024, that it had it agreed to sell the Development Driller III drillship and associated assets for $195 million and the Discoverer Inspiration drillship and associated assets for $147 million, as part of the Company's effort to dispose of non-strategic assets. The Company further announced that the sales would results in an estimated third-quarter non-cash charge of $630 million to $645 million associated with the impairment of the assets.
Following this news, Transocean's stock price fell over 8% on September 3, 2024. To obtain additional information, go to:
https://zlk.com/pslra-1/transocean-ltd-lawsuit-submission-form?prid=100580&wire=1
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
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Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
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[email protected]
Tel: (212)363-7500
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SOURCE: Levi & Korsinsky, LLP