SABLE OFFSHORE ALERT: Bragar Eagel & Squire, P.C. is Investigating Sable Offshore Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Sable Offshore Corporation (NYSE:SOC) following a class action lawsuit filed on July 28, 2025, concerning alleged breaches of fiduciary duties by the company's board of directors during the class period from May 19, 2025, to June 3, 2025 [1][5]. Company Details - Sable Offshore conducted a secondary public offering (SPO) on May 21, 2025, issuing 10 million shares at $29.50 per share, raising $295 million [5]. - Allegations in the class action lawsuit state that Sable Offshore misrepresented its oil production status, claiming it had restarted operations when it had not [5]. - A letter from California's Lieutenant Governor on May 23, 2025, indicated that Sable Offshore's press release mischaracterized its activities, leading to public confusion and questioning the company's intentions [5]. - Following the letter's revelation, Sable Offshore's stock price fell over 15% [5]. - On June 4, 2025, it was disclosed that a court granted temporary restraining orders preventing Sable Offshore from restarting oil transportation through the Las Flores Pipeline System, causing further declines in stock price [5]. Legal and Contact Information - Long-term stockholders of Sable Offshore are encouraged to contact Bragar Eagel & Squire for discussions regarding their legal rights and potential claims [1][3]. - The law firm specializes in representing individual and institutional investors in complex litigation across various jurisdictions [4].