Core Viewpoint - Sable Offshore Corp. is facing a securities class-action lawsuit for allegedly misleading investors to inflate its stock price prior to a significant secondary offering [1][4]. Group 1: Lawsuit Details - The lawsuit claims that Sable misrepresented its operations by announcing a "restart" of oil production at its San Ynez Unit (SYU), which led to a 12.5% increase in stock price on May 19, 2025 [2][3]. - Following the announcement, Sable raised $256.5 million through a secondary stock offering just two days later [2]. - A letter from California's Lieutenant Governor accused Sable of mischaracterizing its activities, stating that the "restart" was merely well-testing procedures, not a true operational restart [3]. Group 2: Market Reaction - After the letter's contents were reported on May 28, Sable's stock price fell over 15% the following day, erasing the previous gains [3]. Group 3: Investigation and Accountability - The litigation aims to hold Sable accountable for allegedly raising capital under false pretenses, with the case being litigated in the U.S. District Court for the Central District of California [4]. - Hagens Berman, the law firm leading the investigation, is looking into whether Sable misled investors regarding its restart progress [4].

Core Viewpoint - Berger Montague PC is investigating claims against Sable Offshore Corp. following a class action lawsuit alleging misrepresentation of oil production status [1][3] Group 1: Lawsuit Details - The class action lawsuit claims that Sable misrepresented that oil production off California's coast had resumed, which was not the case [3] - The lawsuit covers investors who purchased Sable securities between May 19, 2025, and June 3, 2025, including those involved in the May 2025 secondary offering [2] - Following the revelation of the truth regarding Sable's operations, the company's shares declined, resulting in investor losses [3] Group 2: Company Background - Sable Offshore Corp. is an offshore oil and gas operations company headquartered in Houston, Texas [1] - Berger Montague has been involved in securities class action litigation since 1970 and has represented both individual and institutional investors [4]

Core Viewpoint - The Gross Law Firm has announced a class action lawsuit on behalf of shareholders of Sable Offshore Corp. (NYSE: SOC) who purchased shares during a specified class period, alleging that the company made materially false statements regarding its oil production activities [1][2]. Group 1: Allegations - The lawsuit claims that Sable Offshore Corp. falsely represented that it had restarted oil production off the coast of California when it had not, leading to misleading statements about the company's business and operations [2]. - The misleading information allegedly resulted in damages to investors when the true details became public [2]. Group 2: Class Action Details - The class period for the lawsuit is from May 19, 2025, to June 3, 2025, including a secondary public offering on May 21, 2025 [1]. - Shareholders are encouraged to register for the class action by September 26, 2025, to potentially be appointed as lead plaintiffs [3]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect the rights of investors who have suffered due to deceit and illegal business practices, emphasizing the importance of responsible corporate behavior [4].

NEW YORK, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds Sable Offshore Corp. (“Sable Offshore” or the “Company”) (NYSE: SOC) investors of an upcoming deadline involving a securities fraud class action lawsuit commenced against the Company. Should You Join This Class Action Lawsuit? Do you, or did you, own shares of Sable Offshore Corp. (NYSE: SOC)? Did you purchase your shares between May 19, 2025 and June 3, 2025, inclusive, and/or pursua ...

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Sable Offshore Corp. due to allegations of violations of federal securities laws, particularly 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 exceeding $50,000 in Sable Offshore between May 19, 2025, and June 3, 2025, to discuss their legal options [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]. - The complaint alleges that Sable Offshore and its executives made false statements regarding the restart of oil production off the coast of California, which were not true [4]. Group 2: Stock Performance and Market Reaction - Following a court injunction against Sable's pipeline repair and maintenance 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 is a national securities law firm with a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [3].

Core Viewpoint - A securities class action lawsuit has been filed against Sable Offshore Corp. for failing to disclose material information during the class period, which has led to a decline in the company's stock price [3][4]. Group 1: Lawsuit Details - Investors who purchased Sable Offshore securities between May 19, 2025, and June 3, 2025, or through the company's secondary public offering on May 21, 2025, have until September 26, 2025, to file lead plaintiff applications [1]. - The lawsuit is pending in the United States District Court for the Central District of California, under the case name Johnson v. Sable Offshore Corp., et al., No. 25-cv-6869 [5]. Group 2: Impact on Stock Price - Following the disclosure of a temporary restraining order that prohibits Sable Offshore from restarting oil transportation through the Las Flores Pipeline System, the company's stock price fell by $0.94, or 3.91%, closing at $23.10 on June 4, 2025 [4]. Group 3: Legal Representation - Kahn Swick & Foti, LLC, a prominent securities litigation law firm, is representing the investors in this case. The firm has been recognized among the top 10 firms nationally based on total settlement value [5].

NEW YORK, Aug. 01, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Sable Offshore Corp. (NYSE: SOC): (1) between May 19, 2025 and June 3, 2025, both dates inclusive (the “Class Period”); and/or (2) pursuant and/or traceable to Sable’s May 21, 2025 secondary public offering (the “SPO”). A class action has already been filed. If you wish to serve as lead plaintiff, you must move the Court ...

Core Viewpoint - The article discusses a class action lawsuit against Sable Offshore Corp. for alleged violations of securities laws during a secondary public offering (SPO) and subsequent misrepresentations regarding oil production activities [1][3]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Johnson v. Sable Offshore Corp., and it involves purchasers of Sable Offshore's publicly traded securities between May 19, 2025, and June 3, 2025 [1]. - The lawsuit alleges that Sable Offshore and its executives misrepresented the status of oil production off the coast of California during the Class Period [3]. - Sable Offshore conducted its SPO on May 21, 2025, issuing 10 million shares at $29.50 per share, raising $295 million [2]. Group 2: Allegations and Impact - On May 23, 2025, a letter from California's Lieutenant Governor indicated that Sable Offshore's press release mischaracterized its activities, leading to a stock price drop of over 15% [4]. - Following a court ruling on June 3, 2025, that temporarily prohibited Sable Offshore from restarting oil transportation, the stock price fell further [5]. Group 3: Legal Process and Representation - Investors who purchased Sable Offshore securities during the Class Period can seek appointment as lead plaintiff in the class action lawsuit [6]. - The lead plaintiff will represent the interests of all class members and can select a law firm for litigation [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].

NEW YORK, Aug. 1, 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 ...

Core Viewpoint - Sable Offshore Corp. is facing a securities class-action lawsuit for allegedly misleading investors to inflate its stock price prior to a significant secondary offering [1][4]. Group 1: Lawsuit Details - The lawsuit claims that Sable's press release on May 19, 2025, which announced the "restart of oil production at SYU," led to a 12.5% increase in stock price in one day [2]. - Following the press release, Sable raised $256.5 million through a secondary stock offering just two days later [2]. - A letter from California's Lieutenant Governor accused Sable of misrepresenting the nature of its activities, stating that the "restart" was merely well-testing procedures [3]. Group 2: Market Reaction - After the letter's contents were reported on May 28, Sable's stock price fell over 15% the next day, erasing the previous gains [3]. - The lawsuit aims to hold Sable accountable for allegedly raising capital under false pretenses [4]. Group 3: Investigation and Whistleblower Information - Hagens Berman is leading the investigation into whether Sable misled investors regarding its operational progress [4]. - Whistleblowers with non-public information about Sable are encouraged to assist in the investigation, with potential rewards under the SEC Whistleblower program [5].