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 or 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 [3] - The California State Land Commission issued a warning to Sable on May 23, 2025, stating that the company's announcement may have mischaracterized recent activities, leading to public confusion [3] - A preliminary injunction was granted by the Santa Barbara County Superior Court on May 28, 2025, regarding Sable's maintenance and repair work in the coastal zone related to the Onshore Pipeline [3] Group 2: Market Reaction - Following the news of the legal issues and warnings, Sable's stock price fell by $5.04 per share, or 15.3%, closing at $27.89 per share on May 28, 2025 [4]