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Sable Offshore (SOC) Sued for Misleading Investors on Oil Production – Hagens Berman

Sentiment:Negative (-70)

Summary

(NYSE:SOC) SAN FRANCISCO--(BUSINESS WIRE)--A newly filed class-action lawsuit targets Sable Offshore Corp. (NYSE: SOC) and its executives, alleging the company misrepresented its oil production status to investors. The litigation, filed in federal court in California, claims the company used a misleading press release to artificially inflate its stock price just before a secondary public offering (SPO). Hagens Berman urges Sable investors who suffered substantial losses to submit your losses now. Class Pe

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Article published on September 4, 2025 by businesswire