SOC Investors Have the Opportunity to Lead the Sable Offshore Securities Fraud Lawsuit with Faruqi & Faruqi, LLP

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Sable Offshore Corp. due to allegations of violations of federal securities laws, particularly regarding misleading statements about the company's oil production activities [2][4]. Group 1: Legal Investigation and Class Action - The firm is encouraging investors who suffered losses exceeding $50,000 in Sable Offshore between May 19, 2025, and June 3, 2025, to discuss their legal options [1]. - There is a deadline of September 26, 2025, for investors to seek the role of lead plaintiff in a federal securities class action against Sable Offshore [2]. - The complaint alleges that Sable Offshore and its executives made false statements regarding the restart of oil production off the coast of California, which were not true [4]. Group 2: Stock Performance and Market Reaction - Following a court injunction against Sable's pipeline repair and maintenance activities, the company's stock fell by $5.04 per share, or 15.3%, closing at $27.89 per share on May 28, 2025 [5]. Group 3: Company Background - Faruqi & Faruqi, LLP is a national securities law firm with a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [3].