Sable Offshore(US:SOC) Prnewswireยท2025-08-18 12:45Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Sable Offshore Corp. regarding a class action lawsuit due to alleged misleading statements made by the company during a specific period [1][2]. Group 1: Allegations - The complaint alleges that Sable Offshore Corp. falsely claimed to have restarted oil production off the coast of California when it had not, leading to materially false and misleading statements about the company's business and operations [2]. - The lawsuit claims that 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 from May 19, 2025, to June 3, 2025, and includes those who purchased shares during this timeframe or participated in the company's secondary public offering on May 21, 2025 [1][3]. - Shareholders are encouraged to register for the class action by September 26, 2025, to potentially be appointed as lead plaintiffs, although this is not required to participate in any recovery [3]. Group 3: Law Firm's Mission - 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, fraud, 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 that artificially inflated stock prices [4].