NEW YORK, March 2, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Transocean Ltd. ("Transocean" or the "Company") (NYSE: RIG). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/rig.
The investigation concerns whether Transocean and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On March 1, 2017, after market hours, Transocean 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. Following this news, Transocean stock dropped as much as $0.48 per share, or 3.42%, during intraday trading on March 2, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of Transocean, you can assist this investigation by visiting the firm's site: www.bgandg.com/rig. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | firstname.lastname@example.org
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SOURCE Bronstein, Gewirtz & Grossman, LLC