Core Viewpoint - Rosen Law Firm is reminding investors who purchased Sable Offshore Corp. securities during the specified Class Period of the upcoming lead plaintiff deadline for a securities class action lawsuit [1][5]. Group 1: Class Action Details - The Class Period for the securities class action is defined as between May 19, 2025, and June 3, 2025, inclusive, and includes those who participated in Sable's secondary public offering on May 21, 2025 [1]. - Investors who purchased Sable securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and potential lead plaintiffs must move the Court by September 26, 2025 [3]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience and resources [4]. - The Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions for investors [4]. Group 3: Allegations Against Sable Offshore Corp. - The lawsuit alleges that Sable made materially false and misleading statements regarding its oil production activities off the coast of California, which were not true [5]. - As a result of these misleading statements, investors suffered damages when the true information became public [5].
SOC DEADLINE NOTICE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Sable Offshore Corp. Investors with Losses in Excess of $100K to Secure Counsel Before Important September 26 Deadline in Securities Class Action First Filed by the Firm – SOC