Bricklayers & Masons Local Union No. 5 Ohio Pension Fund v. Transocean Ltd.
District Court, S.D. New York
1Opinion of the Court
Memorandum Opinion and Order
LAURA TAYLOR SWAIN, District Judge.
Plaintiffs Bricklayers and Masons Local Union No. 5 Ohio Pension Fund (“Bricklayers”) and DeKalb County Pension Fund (“DeKalb”) bring this putative class action asserting claims for violation of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (“Exchange Act”), 15 U.S.C. *228§§ 78n(a), 78t(e), against Transocean Ltd. (“Transocean”) and two individual defendants (collectively “Defendants”), alleging that a joint proxy statement (“Proxy”), distributed to GlobalSantaFe Corp. (“GSF”) shareholders on October 2, 2007, in…
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