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INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Sable Offshore
Prnewswire· 2025-09-06 13:13
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Sable Offshore Corp. due to allegations of false and misleading statements regarding the company's oil production activities [2][4]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses in Sable Offshore between May 19, 2025, and June 3, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against Sable Offshore, with a deadline of September 26, 2025, for investors to seek the role of lead plaintiff [2][6]. - The complaint alleges that Sable Offshore and its executives violated federal securities laws by falsely claiming that oil production had restarted when it had not [4]. Group 2: Stock Performance - Following a court injunction against Sable's pipeline repair activities, the company's stock fell by $5.04 per share, or 15.3%, closing at $27.89 per share on May 28, 2025 [5]. Group 3: Company Background - Faruqi & Faruqi, LLP has recovered hundreds of millions of dollars for investors since its founding in 1995 and has offices in New York, Pennsylvania, California, and Georgia [3].
Investors in Sable Offshore Corp. Should Contact The Gross Law Firm Before September 26, 2025 to Discuss Your Rights - SOC
Prnewswire· 2025-09-04 12:45
NEW YORK, Sept. 4, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Sable Offshore Corp. (NYSE: SOC).Shareholders who purchased shares of SOC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/sable-offshore-corp-loss-submission-form/?id=164995&from=4CLASS PERIOD: This lawsuit is ...
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Sable Offshore
GlobeNewswire News Room· 2025-09-03 15:57
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Sable Offshore To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Sable Offshore between May 19, 2025 and June 3, 2025 and/or pursuant to Sable’s May 21, 2025 secondary public offering (the “SPO”) and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click ...
SOC STOCK NEWS: Sable Offshore Corp. Investors are Reminded of the Pending Lead Plaintiff Deadline; Contact Robbins LLP for Information on Leading the Class Action
Prnewswire· 2025-09-03 00:00
Group 1 - A class action has been filed on behalf of investors who purchased Sable Offshore Corp. (NYSE: SOC) securities between May 19, 2025, and June 3, 2025, and/or traceable to the Company's May 21, 2025 secondary public offering [1] - The allegations state that Sable Offshore Corp. misled investors by claiming that oil production had restarted off the coast of California when it had not [2] - The complaint indicates that investors suffered damage when the true details regarding oil production were revealed [2] Group 2 - Shareholders interested in serving as lead plaintiff must submit their papers by September 26, 2025 [3] - Participation in the class action is not required to be eligible for recovery; shareholders can remain absent class members if they choose [3] - Robbins LLP operates on a contingency fee basis, meaning shareholders pay no fees or expenses [4]
SABLE OFFSHORE SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Sable Offshore Corp. – SOC
GlobeNewswire News Room· 2025-09-02 21:04
NEW YORK and NEW ORLEANS, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until September 26, 2025 to file lead plaintiff applications in a securities class action lawsuit against Sable Offshore Corp. (NYSE: SOC), if they purchased the Company’s securities (1) between May 19, 2025 and June 3, 2025, both dates inclusive (the “Class Period”); and/or (2) pursuant and/or traceable to Sa ...
Investors in Sable Offshore Corp. Should Contact Levi & Korsinsky Before September 26, 2025 to Discuss Your Rights – SOC
GlobeNewswire News Room· 2025-09-02 19:46
NEW YORK, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Sable Offshore Corp. ("Sable Offshore Corp." or the "Company") (NYSE: SOC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Sable Offshore Corp. investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons or entities who purchased or otherwise acquired publicly traded Sable Offshore securities between May 19, 2025 and Jun ...
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Sable Offshore Corp.(SOC) Shareholders
Prnewswire· 2025-09-02 12:45
NEW YORK, Sept. 2, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Sable Offshore Corp. ("Sable Offshore Corp." or the "Company") (NYSE: SOC) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Sable Offshore Corp. investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons or entities who purchased or otherwise acquired publicly traded Sable Offshore securities between May 19, 2025 and June 3, 2 ...
Sable Offshore (SOC) Sued for Misleading Investors on Oil Production – Hagens Berman
GlobeNewswire News Room· 2025-08-29 15:37
Core Viewpoint - A class-action lawsuit has been filed against Sable Offshore Corp. and its executives for allegedly misrepresenting the company's oil production status, which led to inflated stock prices prior to a secondary public offering [1][6]. Group 1: Allegations and Legal Proceedings - The lawsuit, Johnson v. Sable Offshore Corp., covers investors who purchased securities between May 19, 2025, and June 3, 2025, including those who bought shares during the May 21, 2025 secondary public offering [2]. - Sable Offshore issued a press release on May 19, 2025, claiming a restart of oil production, which was later challenged by California Lieutenant Governor Eleni Kounalakis, stating that the activities were merely well-testing procedures [3]. - Following the public disclosure of the Lieutenant Governor's letter on May 28, 2025, Sable Offshore's stock price dropped by more than 15% as the market recognized the inaccuracies in the company's statements [4]. Group 2: Impact on Stock and Company Operations - On June 4, 2025, Sable Offshore disclosed a temporary restraining order from a Santa Barbara County Superior Court judge, preventing the company from restarting oil transportation through the Las Flores Pipeline System, which further impacted the stock price negatively [5]. - The litigation seeks to hold Sable Offshore and its underwriters accountable for raising capital under false pretenses, resulting in significant investor losses [6]. Group 3: Investigation and Whistleblower Information - Hagens Berman is investigating the claims on behalf of investors who have suffered substantial losses, focusing on whether the company's public statements accurately reflected its operational reality [7]. - Whistleblowers with non-public information regarding Sable Offshore are encouraged to assist in the investigation, with potential rewards of up to 30% of any successful recovery made by the SEC [7].
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of September 26, 2025 in Sable Offshore Corp. Lawsuit – SOC
GlobeNewswire News Room· 2025-08-27 20:33
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Sable Offshore Corp. regarding a class action lawsuit due to alleged misleading statements made by the company during a specific period [1][4]. Group 1: Class Action Details - The class period for the lawsuit is from May 19, 2025, to June 3, 2025, including transactions related to the company's secondary public offering on May 21, 2025 [3]. - Shareholders are encouraged to register for the class action and can do so without any cost or obligation [5]. Group 2: Allegations Against Sable Offshore Corp. - The complaint alleges that Sable Offshore Corp. falsely claimed to have restarted oil production off the coast of California when it had not, leading to materially false and misleading statements about the company's business and operations [4]. - The lawsuit claims that investors suffered damages when the true details about the company's operations were revealed [4]. Group 3: Next Steps for Shareholders - Shareholders who register will be enrolled in a portfolio monitoring software to receive updates throughout the case [5]. - The deadline for seeking lead plaintiff status is September 26, 2025 [5]. Group 4: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [6].
Investors who lost money on Sable Offshore Corp. (SOC) should contact Levi & Korsinsky about pending Class Action - SOC
GlobeNewswire News Room· 2025-08-25 20:54
Core Viewpoint - A class action securities lawsuit has been filed against Sable Offshore Corp. due to alleged securities fraud affecting investors who purchased shares between May 19, 2025, and June 3, 2025, or participated in the company's secondary public offering on May 21, 2025 [1][2][3] Group 1: Lawsuit Details - The lawsuit claims that Sable Offshore Corp. misrepresented its oil production status off the coast of California, stating that production had restarted when it had not [3] - Allegations include that the defendants' statements regarding the company's business operations and prospects were materially false and misleading, lacking a reasonable basis [3] - Investors reportedly suffered damages when the true information about the company's operations became public [3] Group 2: Next Steps for Investors - Investors who experienced losses during the specified timeframe have until September 26, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [4] - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [4] Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [5] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [5]