Core Points - Faruqi & Faruqi, LLP is investigating potential claims against Sable Offshore Corp. (NYSE: SOC) [1] - Investors are reminded of the September 26, 2025 deadline to seek the role of lead plaintiff in a federal securities class action filed against the Company [1] - Faruqi & Faruqi is a prominent national securities law firm with offices in New York, Pennsylvania, California, and Georgia [1]

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 [2][3]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who were misled by false statements regarding the company's oil production activities off the coast of California [3]. - Allegations include that Sable Offshore Corp. falsely claimed to have restarted oil production when it had not, leading to materially false and misleading statements about the company's business and operations [3]. Group 2: Investor Information - Investors who suffered 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 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].

Core Insights - Sable Offshore Corp. (NYSE:SOC) experienced a significant decline in share prices, dropping 7.40% to $20.15 amid investor concerns over ongoing legal issues [1][3]. Legal Challenges - The company is facing a lawsuit filed by Santa Barbara County on September 16, related to its attempts to restart oil and gas operations at the Santa Ynez Unit [3]. - Shareholder law firms have urged investors who purchased shares between May 19 and June 3, 2025, to seek lead plaintiff status in a lawsuit alleging false information regarding production disclosures [2]. Company Response - Sable Offshore stated that it is collaborating with state and federal agencies to address legal and operational challenges, particularly concerning pipeline rights of way and soil management during maintenance [4].

Core Viewpoint - A class action lawsuit has been filed against Sable Offshore Corporation (SOC) for allegedly misleading investors regarding the resumption of oil production off the coast of California during a specific period in 2025 [5]. Allegation Details - The lawsuit claims that Sable Offshore conducted a secondary public offering (SPO) on May 21, 2025, issuing 10 million shares at $29.50 per share, raising $295 million [5]. - It is alleged that Sable misrepresented its operational status, claiming to have restarted oil production when it had not [5]. - A letter from California's Lieutenant Governor on May 23, 2025, indicated that Sable's press release mischaracterized its activities, causing public confusion and implying a resumption of operations that had not occurred [5]. - Following this letter, Sable's stock price fell by more than 15% [5]. - On June 4, 2025, it was revealed that a court had granted temporary restraining orders preventing Sable from restarting oil transportation, leading to further declines in stock price [5]. Next Steps - Investors who purchased Sable shares between May 19, 2025, and June 3, 2025, and suffered losses are encouraged to contact the law firm for more information and to discuss their legal rights [4][5]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is September 26, 2025 [5].

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]. 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]. - The complaint alleges that the defendants' statements regarding the company's business operations and prospects were materially false and misleading, lacking a reasonable basis [3]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until September 26, 2025, to request appointment as lead plaintiff, although participation does not require this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Legal Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [5].

Core Viewpoint - Investors in Sable Offshore Corp. have the opportunity to lead a securities fraud class action lawsuit due to alleged misleading statements regarding the company's oil production activities [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit claims that between May 19, 2025, and June 3, 2025, Sable Offshore Corp. failed to disclose that it had not restarted oil production off the coast of California, despite representations to the contrary [2]. - The positive statements made by the defendants about the company's business and prospects were deemed materially misleading and lacked a reasonable basis during this period [2]. Participation Information - Investors who suffered losses on their Sable investments are encouraged to participate in the lawsuit, with a lead plaintiff deadline set for September 26, 2025 [2]. - Interested parties can contact Glancy Prongay & Murray LLP for more information or to learn about their rights regarding this matter [3][4].

Group 1 - The Rosen Law Firm is reminding purchasers of Sable Offshore Corp. securities about a lead plaintiff deadline in a securities class action [1] - The class period for the securities involved is between May 19, 2025, and June 3, 2025, inclusive [1] - The reminder also pertains to Sable's secondary public offering (SPO) dated May 21, 2025 [1]

Core Viewpoint - A securities class-action lawsuit has been filed against Sable Offshore Corp. for allegedly misleading investors regarding the restart of its oil production, which led to significant investor losses [1][2]. Group 1: Allegations and Legal Proceedings - The lawsuit, Johnson v. Sable Offshore Corp., involves investors who purchased shares between May 19, 2025, and June 3, 2025, including those who participated in the secondary public offering on May 21, 2025 [2]. - Sable Offshore issued a press release on May 19 claiming it had restarted oil production, which was later contradicted by California's Lieutenant Governor, stating that the activities were merely "well-testing procedures" [2]. - The alleged deception was revealed on May 28, 2025, when the Lieutenant Governor's letter became public, causing Sable's stock price to drop by over 15% [3]. - On June 4, 2025, a Santa Barbara County Superior Court judge issued a temporary restraining order against Sable, preventing the company from transporting oil through the Las Flores Pipeline System, further impacting the stock price [3]. Group 2: Legal Representation and Investigation - Hagens Berman, a national shareholder rights firm, is investigating the claims against Sable Offshore and is seeking information from investors who suffered substantial losses [5]. - The firm is examining whether the company's statements regarding oil production and subsequent judicial actions were part of a pattern of misleading behavior that resulted in investor losses [5]. Group 3: Company Background - Hagens Berman is a global plaintiffs' rights complex litigation firm that focuses on corporate accountability and has secured over $2.9 billion for clients harmed by corporate negligence [6].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Sable Offshore Corp. securities during a specified class period of the upcoming lead plaintiff deadline for a securities class action lawsuit [1][2]. Group 1: Class Action Details - The class period for the securities class action is defined as between May 19, 2025, and June 3, 2025, inclusive, and includes those who participated in Sable's secondary public offering on May 21, 2025 [1]. - Investors who purchased Sable securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Legal Representation - To join the class action, investors can submit a form online or contact the law firm directly for more information [3][6]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting their own success and recognition in this field [4]. Group 3: Case Allegations - The lawsuit alleges that Sable Offshore Corp. made materially false and misleading statements regarding the restart of oil production off the coast of California, which were not true [5]. - As a result of these misleading statements, investors suffered damages when the true information became public [5].

Group 1 - The article highlights a securities fraud class action lawsuit against Sable Offshore Corp. (NYSE: SOC) for investors who acquired its securities during the specified Class Period from May 19, 2025, to June 3, 2025 [1] - The deadline for investors to participate as a lead plaintiff in the lawsuit is set for September 26, 2025 [1] - The lawsuit pertains to the secondary public offering (SPO) conducted by the company on May 21, 2025 [1]