The Gross Law Firm Notifies Sable Offshore Corp. Investors of a Class Action Lawsuit and Upcoming Deadline - SOC

Core Viewpoint - The Gross Law Firm has announced a class action lawsuit on behalf of shareholders of Sable Offshore Corp. (NYSE: SOC) who purchased shares during a specified class period, alleging that the company made materially false and misleading statements regarding its oil production activities [1][2]. Group 1: Allegations and Impact - The lawsuit claims that Sable Offshore Corp. falsely represented that it had restarted oil production off the coast of California when it had not, leading to misleading statements about the company's business and operations [2]. - As a result of these misleading statements, investors suffered damages when the true details about the company's operations were revealed [2]. Group 2: Class Action Details - The class period for the lawsuit is defined as May 19, 2025, to June 3, 2025, including a secondary public offering on May 21, 2025 [1]. - Shareholders are encouraged to register for the class action by September 26, 2025, to be eligible for potential recovery [3]. Group 3: Law Firm's Commitment - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit and illegal business practices [4]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors affected by false or misleading statements [4].