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ATTENTION NYSE: SOC INVESTORS: Contact Berger Montague About a Sable Offshore Corp. (NYSE: SOC) Class Action Lawsuit
Prnewswireยท 2025-08-04 19:21
Core Viewpoint - Berger Montague PC is investigating claims against Sable Offshore Corp. following a class action lawsuit alleging misrepresentation of oil production status [1][3] Group 1: Lawsuit Details - The class action lawsuit claims that Sable misrepresented that oil production off California's coast had resumed, which was not the case [3] - The lawsuit covers investors who purchased Sable securities between May 19, 2025, and June 3, 2025, including those involved in the May 2025 secondary offering [2] - Following the revelation of the truth regarding Sable's operations, the company's shares declined, resulting in investor losses [3] Group 2: Company Background - Sable Offshore Corp. is an offshore oil and gas operations company headquartered in Houston, Texas [1] - Berger Montague has been involved in securities class action litigation since 1970 and has represented both individual and institutional investors [4]