LOS ANGELES–(BUSINESS WIRE)–$BORR—The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Borr Drilling Limited (“Borr” or “the Company”) (NYSE: BORR) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Borr announced its Q1 2026 financial results on May 20, 2026. The Company’s revenues and GAAP earnings per share fell short of consensus estimates. The Company blamed its shortfall on the late start-up of the Odin drilling rig. The Company’s CEO told investors that “we expect second quarter results to continue to be affected by the delayed start-up of the Odin, now anticipated to commence late June, as well as rigs transitioning between contracts.” Based on this news, shares of Boss fell by more than 8.7% on the next day.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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Contacts
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
[email protected]
www.schallfirm.com
