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Foley v. Transocean Ltd. et al
Case Number:
1:10-cv-05233
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Bernstein Litowitz
- Eversheds Sutherland
- Kessler Topaz
- Milberg Coleman
- Munger Tolles
- Napoli Shkolnik
- Robbins Geller
- Safirstein Law
Companies
Sectors & Industries:
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March 20, 2012
Judge Sinks Securities Class Action Against Transocean
A New York federal judge Tuesday threw out a proposed investor class action against oil rig operator Transocean Ltd., saying that while the drilling firm might be liable for the Deepwater Horizon spill, there is no evidence it violated securities law.
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January 05, 2011
Danica Named Lead Plaintiff In Transocean Suit
Danish pension fund Danica Pension A/S has been appointed lead plaintiff in a securities class action accusing Transocean Ltd., operator of the Deepwater Horizon oil rig, of misleading investors about its safety protocols.