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].

Core Viewpoint - A class action lawsuit has been filed against Sable Offshore Corp. for allegedly making false and misleading statements regarding its oil production activities off the coast of California during the specified Class Period [1][2]. Group 1: Lawsuit Details - The lawsuit covers purchasers of Sable Offshore Corp. securities between May 19, 2025, and June 3, 2025, and those involved in the company's secondary public offering on May 21, 2025 [1]. - Defendants are accused of falsely claiming that Sable Offshore Corp. had restarted oil production when it had not, leading to materially false and misleading statements about the company's business and prospects [2]. Group 2: Legal Representation - Wolf Haldenstein Adler Freeman & Herz LLP, a law firm with over 125 years of experience in securities litigation, is representing the investors in this case [4]. - The firm encourages affected investors to join the lawsuit and provide any information that may assist in the investigation [5].

NEW YORK, July 31, 2025 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Sable Offshore Corp. ("Sable" or "the Company") (NYSE: SOC) and certain of its officers. Class Definition Attorney advertising. Prior results do not guarantee similar outcomes. This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all per ...

LOS ANGELES, July 31, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Sable Offshore Corp. ("Sable" or "the Company") (NYSE: SOC) for violations of the federal securities laws.Investors who purchased the Company's securities pursuant and/or traceable to the Company's May 21, 2025 secondary public offering (the "SPO") and/or between May 19, 2025 and June 3, 2025, both dates inclusive (the "Class Period"), are enco ...

SAN DIEGO, July 31, 2025 /PRNewswire/ -- Robbins LLP reminds stockholders that a class action was filed on behalf of investors who purchased or otherwise acquired 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 ("SPO"). Sable Offshore operates in the offshore drilling business and seeks to extract oil from the Santa Ynez field in federal waters off the coast of California. For more information, submit ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 Sable Offshore To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 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). [Yo ...

Core Viewpoint - A class action lawsuit has been filed against Sable Offshore Corporation (SOC) for allegedly misleading investors regarding the restart of oil production, leading to significant stock price declines during the class period from May 19, 2025, to June 3, 2025 [1][3][4]. Group 1: Lawsuit Details - The lawsuit was initiated on behalf of all individuals and entities that purchased Sable securities during the specified class period [1]. - Sable Offshore conducted a secondary public offering (SPO) on May 21, 2025, issuing 10 million shares at $29.50 per share, raising $295 million [3]. - Allegations include that Sable misrepresented its operational status, claiming it had restarted oil production when it had not [3][4]. Group 2: Regulatory Concerns - 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 [4]. - The letter was not made public until May 28, 2025, and following this revelation, Sable's stock price fell by over 15% [4]. Group 3: Legal Developments - On June 4, 2025, Sable disclosed that a court had granted temporary restraining orders preventing the company from restarting oil transportation through the Las Flores Pipeline System, further impacting stock prices [5].