Oil transportation through Las Flores Pipeline System

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SABLE OFFSHORE SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Sable Offshore Corp. - SOC
GlobeNewswire News Roomยท 2025-08-07 04:55
Core Viewpoint - Investors in Sable Offshore Corp. have until September 26, 2025, to file lead plaintiff applications in a securities class action lawsuit due to alleged failure to disclose material information during the class period [1][3]. Group 1: Lawsuit Details - The lawsuit against Sable Offshore Corp. and certain executives is based on violations of federal securities laws for not disclosing material information during the class period from May 19, 2025, to June 3, 2025 [1][3]. - The case is identified as Johnson v. Sable Offshore Corp., et al., No. 25-cv-6869 [5]. Group 2: Impact on Stock Price - Following the disclosure of a temporary restraining order that prohibits Sable Offshore from restarting oil transportation through the Las Flores Pipeline System, the company's share price fell by $0.94, or 3.91%, closing at $23.10 on June 4, 2025 [4]. Group 3: ClaimsFiler Information - ClaimsFiler is a service aimed at helping retail investors recover funds from securities class action settlements, providing resources for investors to register, upload portfolio data, and seek legal evaluations [6].