INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sable Offshore Corp. - SOC

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices by Sable Offshore Corp. and its officers or directors [1] Group 1: Company Actions and Legal Issues - On May 19, 2025, Sable announced the resumption of oil production from one of its offshore platforms related to the Las Flores pipelines in California [2] - Following this announcement, the California State Land Commission warned Sable that its statement may have mischaracterized recent activities, leading to public confusion and questions about the company's intentions [2] - On May 28, 2025, a preliminary injunction was granted by the Santa Barbara County Superior Court regarding Sable's maintenance and repair work in the coastal zone related to the Onshore Pipeline [2] Group 2: Market Reaction - Sable's stock price fell by $5.04 per share, or 15.3%, closing at $27.89 per share on May 28, 2025, following the legal developments and public statements [3]