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Deadline Alert: Sable Offshore Corp. (SOC) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Sable OffshoreSable Offshore(US:SOC) GlobeNewswire News Roomยท2025-08-06 16:00

On this news, Sable's stock price fell $5.04, or 15.3%, to close at $27.89 per share on May 28, 2025, thereby injuring investors. What Happened? On May 19, 2025, Sable announced that it had resumed oil production from one of three offshore platforms related for its Las Flores pipelines ("Onshore Pipeline") in California. Then, on May 23, 2025, the California State Land Commission sent Sable a letter regarding its May 19th announcement, warning that it "appears to mischaracterize the nature of recent activit ...