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Lost Money on Sable Offshore Corp.(SOC)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm
Prnewswire· 2025-08-18 12:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Sable Offshore Corp. regarding a class action lawsuit due to alleged misleading statements made by the company during a specific period [1][2]. Group 1: Allegations - The complaint alleges that Sable Offshore Corp. falsely claimed to have restarted oil production off the coast of California when it had not, leading to materially false and misleading statements about the company's business and operations [2]. - The lawsuit claims that investors suffered damages when the true details about the company's operations were revealed [2]. Group 2: Class Action Details - The class period for the lawsuit is from May 19, 2025, to June 3, 2025, and includes those who purchased shares during this timeframe or participated in the company's secondary public offering on May 21, 2025 [1][3]. - Shareholders are encouraged to register for the class action by September 26, 2025, to potentially be appointed as lead plaintiffs, although this is not required to participate in any recovery [3]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [4]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors affected by false or misleading statements that artificially inflated stock prices [4].
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Sable Offshore Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – SOC
GlobeNewswire News Room· 2025-08-17 12:03
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Sable Offshore Corp. securities during the specified Class Period and secondary public offering about the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who purchased Sable securities between May 19, 2025, and June 3, 2025, or through the May 21, 2025, secondary public offering may be eligible for compensation without upfront costs [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by September 26, 2025 [3][5]. - The lawsuit alleges that Sable made materially false statements regarding its oil production activities, which misled investors about its business operations and prospects [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has consistently ranked highly in securities class action settlements since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [4].
DEADLINE ALERT for FLYW, LMT, SOC, NVO: Law Offices of Howard G. Smith Reminds Investors of Opportunity to Lead Securities Fraud Class Actions
GlobeNewswire News Room· 2025-08-15 17:13
Core Viewpoint - Class action lawsuits have been filed on behalf of shareholders of several publicly-traded companies, with specific deadlines for filing lead plaintiff motions [1] Company Summaries Flywire Corporation (NASDAQ: FLYW) - Class Period: February 28, 2024 – February 25, 2025 - Lead Plaintiff Deadline: September 23, 2025 - Allegations include overstating revenue growth sustainability, underestimating the impact of permit and visa restrictions, and misleading positive statements about business operations [2] Lockheed Martin Corporation (NYSE: LMT) - Class Period: January 23, 2024 – July 21, 2025 - Lead Plaintiff Deadline: September 26, 2025 - Allegations include lack of effective internal controls, inaccurate program reviews, overstated contract delivery capabilities, and misleading positive statements about business prospects [3] Sable Offshore Corp. (NYSE: SOC) - Class Period: May 19, 2025 – June 3, 2025 - Lead Plaintiff Deadline: September 26, 2025 - Allegations include false claims about restarting oil production and misleading positive statements regarding business operations [4] Novo Nordisk A/S (NYSE: NVO) - Class Period: May 7, 2025 – July 28, 2025 - Lead Plaintiff Deadline: September 30, 2025 - Allegations include ignoring the significance of personalization exceptions for GLP-1 compounding and misleading statements about the company's ability to capture patient populations [5]
Class Action Filed Against Sable Offshore Corp. (SOC) - September 26, 2025 Deadline to Join - Contact Levi & Korsinsky
Prnewswire· 2025-08-15 13:15
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 [1][2]. Group 1: Lawsuit Details - 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 operational status, claiming it had restarted oil production when it had not, leading to materially false and misleading statements about the company's business and prospects [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, indicating a no-cost participation model [4]. Group 3: Legal Firm Background - 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 and consistently ranking among the top securities litigation firms in the U.S. [5].
Sable Offshore Corp. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before September 26, 2025 to Discuss Your Rights – SOC
GlobeNewswire News Room· 2025-08-14 20:30
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 [1][2]. 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, which was not the case, 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 Firm Background - 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 in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [5].
ROSEN, THE FIRST FILING FIRM, Encourages Sable Offshore Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – SOC
GlobeNewswire News Room· 2025-08-14 17:22
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Sable Offshore Corp. securities during the specified Class Period of the upcoming lead plaintiff deadline for a securities class action lawsuit [1][5]. 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]. - A lead plaintiff must file a motion with the Court by September 26, 2025, to represent other class members in the litigation [3]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience or resources [4]. - The Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions of dollars for investors [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].
The Gross Law Firm Notifies Sable Offshore Corp. Investors of a Class Action Lawsuit and Upcoming Deadline - SOC
Prnewswire· 2025-08-14 12:45
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 and misleading statements regarding its oil production activities [1][2]. Group 1: Allegations and Impact - 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]. - As a result of these misleading statements, investors suffered damages when the true details about the company's operations were revealed [2]. Group 2: Class Action Details - The class period for the lawsuit is defined as 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 be eligible for potential recovery [3]. Group 3: Law Firm's Commitment - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit and illegal business practices [4]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors affected by false or misleading statements [4].
Class Action Filed Against Sable Offshore Corp. (SOC) - September 26, 2025 Deadline to Join – Contact The Gross Law Firm
GlobeNewswire News Room· 2025-08-13 20:38
Core Points - The Gross Law Firm has issued a notice to shareholders of Sable Offshore Corp. regarding a class action lawsuit for those who purchased shares between May 19, 2025, and June 3, 2025 [1][3] - The lawsuit alleges that Sable Offshore Corp. made materially false and misleading statements about restarting oil production off the coast of California, which were not true [4] - The deadline for shareholders to register for the class action is September 26, 2025, and there is no cost to participate [5] Allegations - The complaint claims that the defendants misrepresented the company's operational status, leading to inflated stock prices and subsequent investor losses when the truth was revealed [4] - Specific allegations include the failure to disclose that oil production had not actually restarted as claimed [4] Next Steps for Shareholders - Shareholders who register will be enrolled in a portfolio monitoring system to receive updates on the case [5] - The firm emphasizes that appointment as lead plaintiff is not necessary to recover losses [1][5] About the Law Firm - The Gross Law Firm is recognized for its commitment to protecting investors' rights against deceit and fraud in business practices [6] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [6]
Sable Offshore Corp. Stockholders with Large Losses Should Contact Robbins LLP for Information About the SOC Class Action Lawsuit
Prnewswire· 2025-08-12 22:46
Group 1 - A class action has been filed on behalf of investors who purchased Sable Offshore Corp. (NYSE: SOC) securities between May 19, 2025, and June 3, 2025, related to the company's secondary public offering on May 21, 2025 [1][2] - The allegations state that Sable Offshore Corp. misled investors by claiming that oil production had restarted off the coast of California when it had not, leading to investor losses when the truth was revealed [2] - Shareholders interested in serving as lead plaintiff must submit their papers by September 26, 2025, and can choose to remain absent class members if they do not wish to participate [3] Group 2 - Robbins LLP is a recognized leader in shareholder rights litigation, focusing on helping shareholders recover losses and improve corporate governance since 2002 [4]
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Sable Offshore
GlobeNewswire News Room· 2025-08-12 13:48
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Sable Offshore Corp. due to allegations of violations of federal securities laws, particularly concerning misleading statements about the company's oil production activities [4][6]. Group 1: Legal Investigation and Class Action - The firm is reminding investors of the September 26, 2025 deadline to seek the role of lead plaintiff in a federal securities class action against Sable Offshore [4]. - The complaint alleges that Sable Offshore and its executives made false statements regarding the restart of oil production off the California coast, which were not true [6]. - Investors who suffered losses in Sable Offshore between May 19, 2025, and June 3, 2025, are encouraged to contact the firm to discuss their legal rights [1][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 [7]. - The injunction was granted by the California Coastal Commission, raising concerns about potential project delays and additional costs for Sable Offshore [7]. 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 [5]. - The firm encourages anyone with information regarding Sable Offshore's conduct to contact them, including whistleblowers and former employees [9].