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Levi & Korsinsky Notifies Sable Offshore Corp. Investors of a Class Action Lawsuit and Upcoming Deadline – SOC
Globenewswire· 2025-09-25 20:44
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].
Sable Offshore Corp. (SOC) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-09-25 19:41
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].
Sable Offshore Deadline Tomorrow: Rosen Law Firm Encourages Sable Offshore Corp. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – SOC
Businesswire· 2025-09-25 18:45
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]
SOC FINAL DEADLINE ALERT: Lawsuit Accuses Sable Offshore (SOC) of Misleading Investors on Oil Production– Hagens Berman
Globenewswire· 2025-09-25 18:11
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].
SOC DEADLINE: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Sable Offshore Corp. Investors to Secure Counsel Before Important September 26 Deadline in Securities Class Action First Filed by the Firm – SOC
Globenewswire· 2025-09-24 18:53
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].
Deadline Soon: Sable Offshore Corp. (SOC) Investors Who Lost Money Urged to Contact the Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
Businesswire· 2025-09-24 18:36
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]
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Sable Offshore
Prnewswire· 2025-09-24 14:55
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 firm is encouraging investors who suffered losses exceeding $50,000 in Sable Offshore between May 19, 2025, and June 3, 2025, to contact them for 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].
SABLE DEADLINE ALERT: Bragar Eagel & Squire, P.C. Encourages Sable Offshore Investors to Contact the Firm Before September 26th
Globenewswire· 2025-09-24 14:29
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Sable (SOC) To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Sable between May 19, 2025 and June 3, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Sept. 24, 2025 (GLOBE NEWSWIRE) -- What’s Happening: Bragar Eage ...
SABLE OFFSHORE 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Sable Offshore Corp. - SOC
Businesswire· 2025-09-23 21:55
Core Points - Investors have until September 26, 2025, to file lead plaintiff applications in a securities class action lawsuit against Sable Offshore Corp. [1] - The class period for the lawsuit is defined as between May 19, 2025, and June 3, 2025, inclusive [1]
FRIDAY DEADLINE: Berger Montague Advises Sable Offshore Corp. (NYSE: SOC) Investors to Inquire About a Securities Fraud Class Action by September 26, 2025
Prnewswire· 2025-09-23 21:08
PHILADELPHIA , Sept. 23, 2025 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC  announces a class action lawsuit against Sable Offshore Corp. (NYSE: SOC) ("Sable" or the "Company") on behalf of investors who purchased or otherwise acquired publicly traded securities of Sable between May 19, 2025 through June 3, 2025 (the "Class Period"), including on or traceable to the Company's May 2025 secondary public offering. ...