Sable Offshore Corp. (SOC) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

Core Viewpoint - Investors in Sable Offshore Corp. have the opportunity to lead a securities fraud class action lawsuit due to alleged misleading statements regarding the company's oil production activities [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit claims that between May 19, 2025, and June 3, 2025, Sable Offshore Corp. failed to disclose that it had not restarted oil production off the coast of California, despite representations to the contrary [2]. - The positive statements made by the defendants about the company's business and prospects were deemed materially misleading and lacked a reasonable basis during this period [2]. Participation Information - Investors who suffered losses on their Sable investments are encouraged to participate in the lawsuit, with a lead plaintiff deadline set for September 26, 2025 [2]. - Interested parties can contact Glancy Prongay & Murray LLP for more information or to learn about their rights regarding this matter [3][4].