Core Viewpoint - A securities class-action lawsuit has been filed against Sable Offshore Corp. and its executives, alleging that the company misled 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., represents 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 challenged by California's Lieutenant Governor, stating that the activities were only "well-testing procedures" [2]. - The alleged deception was exposed on May 28, 2025, when the Lieutenant Governor's letter became public, causing Sable's stock price to plummet by over 15% [3]. Group 2: Impact on Stock and Legal Consequences - Following the exposure of the misleading statements, a Santa Barbara County Superior Court judge issued a temporary restraining order on June 4, 2025, prohibiting Sable from transporting oil through the Las Flores Pipeline System, leading to further declines in the stock price [3]. - The lawsuit seeks to hold Sable Offshore and its underwriters accountable for allegedly raising capital under false pretenses [4]. Group 3: Investigation and Whistleblower Information - Hagens Berman, a national shareholder rights firm, is investigating the claims against Sable Offshore, focusing on whether the company's statements about oil production and subsequent judicial intervention were part of a pattern of misleading behavior [5]. - Whistleblowers with non-public information regarding Sable Offshore are encouraged to consider their options to assist in the investigation or participate in the SEC Whistleblower program, which offers rewards for original information [5].

Core Viewpoint - Sable Offshore Corp. is facing a class action lawsuit due to alleged misrepresentations regarding its oil production status during a secondary public offering, which has resulted in significant financial losses for investors [3][4][7]. Group 1: Class Action Details - The class action lawsuit represents investors who purchased Sable Offshore securities between May 19, 2025, and June 3, 2025 [1]. - Investors have until September 26, 2025, to file a lead plaintiff motion [1]. - The lawsuit claims that Sable Offshore issued 10 million shares at $29.50 per share, raising $295 million [3]. Group 2: Allegations of Misrepresentation - The lawsuit alleges that Sable Offshore falsely claimed it had resumed oil production off the coast of California during the Class Period [4]. - A letter from California's Lieutenant Governor expressed concerns that Sable Offshore's press release mischaracterized its activities, leading to public confusion [5]. - Following the release of this letter, Sable Offshore's stock price dropped by over 15% [5]. Group 3: Legal Developments - On June 4, 2025, Sable Offshore disclosed that a court had granted temporary restraining orders preventing it from restarting oil transportation through the Las Flores Pipeline System [6]. - This disclosure further impacted the stock price negatively, as detailed in the class action lawsuit [6]. Group 4: Legal Representation - The Portnoy Law Firm is representing investors in pursuing claims against Sable Offshore for the alleged corporate wrongdoing [7]. - The firm has a history of recovering over $5.5 billion for aggrieved investors [7].

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][4]. Class Period - The class period for the lawsuit is defined as May 19, 2025, to June 3, 2025, which includes transactions related to the company's secondary public offering on May 21, 2025 [3]. Allegations - The complaint alleges that Sable Offshore Corp. falsely claimed to have restarted oil production off the coast of California, which was not the case. This misrepresentation led to materially false and misleading statements about the company's business and operations [4]. Deadline and Next Steps - Shareholders are encouraged to register for the class action by September 26, 2025, to participate in potential recovery. Registration will also provide access to portfolio monitoring software for status updates on the case [5]. Law Firm's Commitment - The Gross Law Firm is dedicated to protecting investors' rights and ensuring companies adhere to responsible business practices. The firm aims to recover losses incurred by investors due to false or misleading statements from companies [6].

Core Viewpoint - A class-action lawsuit has been filed against Sable Offshore Corp. and its executives, alleging misrepresentation of oil production status to investors, which led to an artificial inflation of stock price prior to a secondary public offering [1][6]. Group 1: Lawsuit Details - The lawsuit, Johnson v. Sable Offshore Corp., involves investors who purchased Sable Offshore securities between May 19, 2025, and June 3, 2025, including those who bought shares in the May 21, 2025, secondary public offering [2]. - The complaint states that Sable Offshore issued a misleading press release on May 19, 2025, claiming a restart of oil production, which was later challenged by California Lieutenant Governor Eleni Kounalakis, clarifying that the activities were merely well-testing procedures [3]. - Following the public disclosure of the Lieutenant Governor's letter on May 28, 2025, Sable Offshore's stock price dropped over 15% as the market recognized the inaccuracies in the company's statements [4]. Group 2: Legal and Financial Implications - On June 4, 2025, Sable Offshore faced further legal issues when a Santa Barbara County Superior Court judge issued a temporary restraining order preventing the company from restarting oil transportation through the Las Flores Pipeline System, leading to additional stock price declines [5]. - The lawsuit seeks to hold Sable Offshore and its underwriters accountable for raising capital under false pretenses, resulting in significant investor losses [6]. Group 3: Investigation and Whistleblower Information - Hagens Berman is investigating the claims on behalf of investors who have suffered substantial losses, focusing on whether the company's public statements accurately reflected its operational reality [7]. - Whistleblowers with non-public information regarding Sable Offshore are encouraged to assist in the investigation or utilize the SEC Whistleblower program, which offers rewards of up to 30% of any successful recovery made by the SEC [7].

Core Viewpoint - A class-action lawsuit has been filed against Sable Offshore Corp. for allegedly misrepresenting its oil production status, which led to inflated stock prices prior to a secondary public offering [1][2][6]. Group 1: Allegations and Legal Proceedings - The lawsuit, Johnson v. Sable Offshore Corp., targets investors who purchased securities between May 19, 2025, and June 3, 2025, including those involved in the May 21, 2025 secondary public offering [2][6]. - Sable Offshore issued a press release on May 19, 2025, claiming a restart of oil production, which was later challenged by California Lieutenant Governor Eleni Kounalakis, stating the activities were merely well-testing procedures [3][4]. - Following the Lieutenant Governor's letter on May 28, 2025, Sable Offshore's stock price dropped over 15% as the market recognized the inaccuracies in the company's statements [4]. Group 2: Impact on Stock and Company Operations - On June 4, 2025, Sable Offshore disclosed a temporary restraining order from a Santa Barbara County Superior Court judge, preventing the company from restarting oil transportation through the Las Flores Pipeline System, which further impacted the stock price negatively [5]. - The lawsuit seeks to hold Sable Offshore and its underwriters accountable for raising capital under false pretenses, resulting in significant investor losses [6]. Group 3: Investigation and Whistleblower Information - Hagens Berman is investigating the claims on behalf of investors who suffered substantial losses, focusing on whether the company's public statements accurately reflected its operational reality [7]. - Whistleblowers with non-public information regarding Sable Offshore are encouraged to assist in the investigation, with potential rewards under the SEC Whistleblower program [7].

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 class action lawsuit has already been filed, and potential lead plaintiffs must move the Court by September 26, 2025 [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 issuing notices may lack the necessary experience and 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 for investors [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, defendants made materially false and misleading statements regarding Sable's oil production activities, claiming it had restarted production when it had not [5]. - As a result of these misleading statements, the lawsuit claims that investors suffered damages when the true information became public [5].

Group 1 - The article discusses the speculative and risky nature of Sable Offshore Corp. (NYSE: SOC) stock, highlighting recent developments since the initial article published in June [1] - The author expresses a potential interest in initiating a long position in SOC through stock purchases or call options within the next 72 hours [1] Group 2 - There is no specific financial performance data or metrics provided in the articles, focusing instead on the author's personal opinions and potential future actions regarding SOC [2] - The articles emphasize that past performance does not guarantee future results and that no investment recommendations are being made [2]

Group 1 - Sable Offshore Corp. (NYSE:SOC) experienced a significant stock price increase of 22.58% on Wednesday, closing at $24.59, as investors showed optimism regarding the restart of the Las Flores pipeline this month [1][3] - The Las Flores pipeline has been shut down since 2015 due to a catastrophic rupture that caused a major oil spill, and its restart is currently facing legal and regulatory challenges from environmental organizations [3] - In August, Sable Offshore announced plans to recommence oil sales with the expected restart of the onshore pipeline in September [2] Group 2 - Sable Offshore is currently facing a class action lawsuit for allegedly providing misleading business updates, including false claims about restarting oil production [4] - The company has not yet responded to the allegations regarding the misleading statements about its business operations and prospects [4]

Core Viewpoint - A class action lawsuit has been filed against Sable Offshore Corporation (NYSE:SOC) for allegedly misleading investors regarding the company's oil production status during a specific period in 2025 [2][4]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of all individuals and entities who purchased Sable securities between May 19, 2025, and June 3, 2025 [2]. - Investors have until September 26, 2025, to apply to be appointed as lead plaintiff in the lawsuit [2]. - The lawsuit claims that Sable Offshore misrepresented its oil production status during its secondary public offering (SPO) on May 21, 2025, where it issued 10 million shares at $29.50 per share, raising $295 million [4]. Group 2: Allegations and Impact - Allegations include that Sable Offshore falsely claimed to have restarted oil production off the coast of California when it had not [4]. - A letter from California's Lieutenant Governor on May 23, 2025, indicated that Sable's press release mischaracterized its activities, leading to a significant drop in stock price of over 15% [5]. - Further legal issues arose when a judge granted temporary restraining orders against Sable on June 3, 2025, prohibiting the company from restarting oil transportation, which led to additional declines in stock price [5].

Core Viewpoint - The Gross Law Firm is notifying shareholders of Sable Offshore Corp. regarding a class action lawsuit due to alleged misleading statements made by the company during a specific period [1][4]. Class Period - The class period for the lawsuit is defined as from May 19, 2025, to June 3, 2025, which includes transactions related to the company's secondary public offering on May 21, 2025 [3]. Allegations - The complaint alleges that Sable Offshore Corp. falsely claimed to have restarted oil production off the coast of California, which was not the case. This misrepresentation led to materially false and misleading statements about the company's business and operations [4]. Deadline and Next Steps - Shareholders are encouraged to register for the class action by September 26, 2025, to participate in potential recovery. Registration will also provide access to portfolio monitoring software for status updates on the case [5]. Law Firm's Commitment - The Gross Law Firm emphasizes its mission to protect investors' rights against deceit and fraud, aiming to hold companies accountable for misleading practices that inflate stock prices [6].