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Levi & Korsinsky Notifies Shareholders of Sable Offshore Corp. (SOC) of a Class Action Lawsuit and an Upcoming Deadline
Sable OffshoreSable Offshore(US:SOC) GlobeNewswire News Roomยท2025-08-11 20:26

Core Viewpoint - A class action securities lawsuit has been filed against Sable Offshore Corp. due to alleged securities fraud affecting investors who purchased shares between May 19, 2025, and June 3, 2025, and those involved in the company's secondary public offering on May 21, 2025 [1][2][3] Group 1 - The lawsuit aims to recover losses for investors adversely affected by false statements made by the defendants regarding the company's oil production activities off the coast of California [3] - Allegations include that Sable Offshore Corp. misrepresented its business operations and prospects, leading to materially false and misleading statements [3] - Investors are encouraged to contact Levi & Korsinsky for more information and to potentially participate in the lawsuit without any out-of-pocket costs [4][5] Group 2 - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [5] - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [5]