An investigation was announced on behalf of investors of Transocean LTD over potential securities laws violations by Transocean LTD and certain of its directors and officers.
Investors who purchased shares of Transocean LTD (NYSE:RIG), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Transocean LTD (NYSE:RIG) concerning whether certain statements by Transocean LTD regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On March 1, 2017, after market hours, Transocean LTD filed to postpone its 2016 annual report, stating that it expected to disclose a material weakness in its internal control over financial reporting relating to its controls over income tax accounting.
Shares of Transocean LTD (NYSE:RIG) closed on March 10, 2017 at $12.26 per share.
Those who purchased NYSE:RIG shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego