Core Insights - Sable Offshore Corp. is under investigation for potential violations of federal securities laws and unlawful business practices [1] - The company resumed oil production from one of its offshore platforms related to the Las Flores pipeline on May 15, 2025 [2] - Sable completed a public offering of 8,695,654 shares at $29.50 per share, raising approximately $295 million [3] Regulatory and Legal Developments - The California State Land Commission issued a warning to Sable regarding a press release that allegedly mischaracterized recent activities, leading to public confusion [4] - A preliminary injunction was approved by the Santa Barbara County Superior Court concerning Sable's maintenance and repair work in the coastal zone, resulting in a 15% decline in share price from $32.93 to $27.89 [5]
SABLE ALERT: Bragar Eagel & Squire, P.C. is Investigating Sable Offshore Corp. on Behalf of Sable Stockholders and Encourages Investors to Contact the Firm