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Bricklayers and Masons Local Union No. 5 Ohio Pension Fund v. Transocean Ltd. et al
Case Number:
1:10-cv-07498
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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April 29, 2016
2nd Circ. Affirms Dismissal Of Transocean Merger Suit
Shareholders of a company acquired by Transocean Ltd. cannot sue over a stock drop resulting from the Deepwater Horizon spill because they did not bring the suit within the three-year time limit, a Second Circuit panel said Friday, affirming a lower court's ruling.
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March 11, 2014
Transocean Beats Investors' Merger Suit Over Safety Record
A New York federal judge tossed a proposed class action Tuesday brought by Transocean Ltd. investors who claimed they were deceived about the company's safety practices when it bought fellow drilling business GlobalSantaFe Corp., finding the suit time-barred by the relevant statute of repose.
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October 05, 2012
Transocean Can't Duck Merger Suit Over Safety Record
A New York federal judge on Thursday kept afloat a proposed securities class action by Transocean Ltd. investors who say they were deceived about the company's safety practices when it bought fellow drilling business GlobalSantaFe Corp., finding shareholders provided basic evidence they voted on the deal.