Sable Offshore(SOC)
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Levi & Korsinsky Notifies Shareholders of Sable Offshore Corp. (SOC) of a Class Action Lawsuit and an Upcoming Deadline
GlobeNewswire News Room· 2025-08-11 20:26
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, and those involved in the company's secondary public offering on May 21, 2025 [1][2][3] Group 1 - The lawsuit aims to recover losses for investors adversely affected by false statements made by the defendants regarding the company's oil production activities off the coast of California [3] - Allegations include that Sable Offshore Corp. misrepresented its business operations and prospects, leading to materially false and misleading statements [3] - Investors are encouraged to contact Levi & Korsinsky for more information and to potentially participate in the lawsuit without any out-of-pocket costs [4][5] Group 2 - Levi & Korsinsky 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 as one of the top securities litigation firms in the United States for seven consecutive years [5]
SOC INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Sable Offshore Corp. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-08-11 17:05
Core Viewpoint - The Sable Offshore Corp. is facing a class action lawsuit due to alleged misrepresentations regarding its oil production activities during a secondary public offering (SPO) period, which has led to significant stock price declines [1][3][4]. Company Overview - Sable Offshore operates as an independent oil and gas company and conducted a secondary public offering on May 21, 2025, issuing 10 million shares at $29.50 per share, raising $295 million [2][3]. Allegations and Events - The lawsuit claims that Sable Offshore and its executives misrepresented the status of oil production off the California coast, stating that operations had restarted when they had not [3]. - A letter from California's Lieutenant Governor on May 23, 2025, indicated that Sable's press release mischaracterized its activities, which led to a stock price drop of over 15% [4]. - On June 4, 2025, it was revealed that a court had granted temporary restraining orders preventing Sable from restarting oil transportation, causing further declines in stock price [5]. Legal Process - Investors who purchased Sable Offshore securities during the class period can seek to be appointed as lead plaintiff in the class action lawsuit, which allows them to represent the interests of all affected investors [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [7][8].
The Gross Law Firm Reminds Sable Offshore Corp. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of September 26, 2025 - SOC
Prnewswire· 2025-08-11 12:45
NEW YORK, Aug. 11, 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=160437&from=4 CLASS PERIOD: This lawsuit ...
SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Sable Offshore Corp. (NYSE: SOC)
GlobeNewswire News Room· 2025-08-11 12:30
NEW YORK, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the "Class") who purchased or acquired publicly traded Sable Offshore Corp. ("Sable Offshore" or the "Company") (NYSE: SOC) securities between May 19, 2025 and June 3, 2025, inclusive (the "Class Period"), and/or pursuant and/or traceable to the Company's May 21, 2025 secondary public offering. Should You Join This Class Action Lawsuit? If you pu ...
SOC INVESTOR DEADLINE: Sable Offshore Corp. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit - RGRD Law
GlobeNewswire News Room· 2025-08-09 16:00
Core Viewpoint - The Sable Offshore Corp. is facing a class action lawsuit due to alleged misrepresentations regarding its oil production activities during a secondary public offering (SPO) period, which has led to significant stock price declines [1][3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit, titled Johnson v. Sable Offshore Corp., allows purchasers of Sable Offshore securities between May 19, 2025, and June 3, 2025, to seek lead plaintiff status by September 26, 2025 [1]. - Sable Offshore conducted its SPO on May 21, 2025, issuing 10 million shares at $29.50 per share, raising $295 million [2]. - Allegations include that Sable Offshore falsely claimed to have restarted oil production off the California coast when it had not [3]. Group 2: Regulatory and Legal Challenges - A letter from California's Lieutenant Governor on May 23, 2025, indicated that Sable Offshore's press release misrepresented its activities, leading to public confusion and a stock price drop of over 15% [4]. - On June 4, 2025, it was revealed that a court granted temporary restraining orders preventing Sable Offshore from restarting oil transportation through the Las Flores Pipeline System, causing further declines in stock price [5]. Group 3: Legal Representation and Process - The Private Securities Litigation Reform Act of 1995 allows investors who acquired Sable Offshore securities during the class period to seek lead plaintiff status, representing the interests of the class [6]. - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect the ability to share in any potential recovery [6]. Group 4: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [8].
Faruqi & Faruqi Reminds Sable Offshore Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of September 26, 2025 - SOC
Prnewswire· 2025-08-09 12:04
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Sable Offshore Corp. due to allegations of violations of federal securities laws, specifically regarding misleading statements about the company's oil production activities [2][4]. Group 1: Legal Investigation and Class Action - The firm is encouraging investors who suffered losses in Sable Offshore between May 19, 2025, and June 3, 2025, to discuss their legal rights [1]. - There is a deadline of September 26, 2025, for investors to seek the role of lead plaintiff in a federal securities class action against Sable Offshore [2][6]. - The complaint alleges that Sable Offshore and its executives made false statements about the company's oil production status, which were materially misleading [4]. Group 2: Stock Performance and Market Reaction - 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 on May 28, 2025 [5]. - The injunction was granted by the California Coastal Commission, raising concerns about potential project delays and additional costs for Sable Offshore [5]. Group 3: Firm Background and Contact Information - Faruqi & Faruqi, LLP has recovered hundreds of millions of dollars for investors since its founding in 1995 and has offices in multiple states [3]. - The firm encourages anyone with information regarding Sable Offshore's conduct to contact them, including whistleblowers and former employees [7].
DEADLINE ALERT for SOC, LMT, NVO, and LINE: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
GlobeNewswire News Room· 2025-08-08 16:17
LOS ANGELES, Aug. 08, 2025 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion. Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to fcruz@frankcruzlaw.com. Sabl ...
September 26, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against SOC
Prnewswire· 2025-08-08 12:45
NEW YORK, Aug. 8, 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, 20 ...
Class Action Filed Against Sable Offshore Corp. (SOC) Seeking Recovery for Investors – Contact The Gross Law Firm
GlobeNewswire News Room· 2025-08-07 20:34
NEW YORK, Aug. 07, 2025 (GLOBE NEWSWIRE) -- 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=159973&from=3 CLASS PERIOD: This law ...
NYSE: SOC INVESTOR ALERT: Berger Montague Advises Sable Offshore Corp. (NYSE: SOC) Investors of September 26, 2025 Deadline
Prnewswire· 2025-08-07 15:06
Group 1 - A class action lawsuit has been filed against Sable Offshore Corp. by Berger Montague PC on behalf of investors who acquired Sable's publicly traded securities between May 19, 2025, and June 3, 2025 [1][2] - The lawsuit alleges that Sable made materially false and misleading statements regarding the status of its oil production, specifically claiming that production had restarted off the coast of California when it had not [3] - These misrepresentations are said to have artificially inflated Sable's stock price, leading to investor harm when the truth was revealed [3] Group 2 - Investors who purchased Sable securities during the class period have until September 26, 2025, to seek appointment as lead plaintiff representative [2] - Berger Montague has a long history in securities class action litigation, having represented individual and institutional investors for over five decades [4]