Diamond Offshore Losses Because of Broker Recommendations?
Did your broker recommend Diamond Offshore securities to you? Diamond Offshore is a company that provides contract drilling services to the energy industry worldwide, including services in ultra-deepwater, deepwater and mid-water, and owns and operates a fleet of 24 offshore drilling rigs, which comprise 4 drillships, 8 ultra-deepwater, 6 deepwater, 5 mid-water semisubmersibles and one jack-up rig. It serves independent oil and gas companies, and government-owned oil companies. Many brokers recommended this stock to their clients, even though the security may not have been suitable for them, because of their ages, net worth, investment risk tolerance and investment objectives. If a broker sells a security that is not suitable, his brokerage firm may be liable for losses. Please call our securities law firm today at 312–332–4200 if you suffered losses with your broker in Diamond Offshore. We may be able to help you sue your brokerage firm in the arbitration forum on a contingency fee basis, which means we only make money if you recover yours. The call to us is free with no obligation, so please call today.