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

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

(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