What is the estimated size of the potential liability or damages sought in the class action?

Answer

Based on the information you supplied from the PR Newswire release dated August 8 2025, the press release does not disclose an estimated dollar amount for the potential liability or damages that the class‑action lawsuit seeks to recover on behalf of Sable Offshore Corp. (NYSE: SOC) investors.

• What we have:

  • The filing is a securities class‑action lawsuit announced by Levi & Korsinsky, LLP.
    
  • The class is defined as “investors in Sable Offshore Corp.” who suffered losses.
    
  • No figure (e.g., “$ X million” or “$ X billion”) appears in the excerpt you posted.

• What we do not have:

  • Any quantitative estimate of the alleged losses, the amount of alleged damages, or a range of potential liability that the plaintiffs are seeking.
    
  • No mention of a “maximum recovery,” “estimated damages,” “exposure,” or “potential liability” in the provided summary.

What this means for you

• If you need the exact figure: You will need to obtain the full press release or the actual complaint filed with the court, which typically contains a statement of the alleged damages (or at least an estimate) that the plaintiffs are pursuing.
  
• Typical practice: In many securities class actions, plaintiffs may initially state a broad range (e.g., “potential damages in the tens of millions of dollars”) or simply refer to “the full amount of losses incurred by the class.” If the press release follows that pattern, the lack of a specific number here suggests the firm chose not to disclose an estimate at this stage, possibly to avoid pre‑judicing the court or to keep negotiations flexible.

Recommended next steps

1. Locate the complete press release – often available on the law firm’s website (Levi & Korsinsky, LLP) or through a full PR Newswire archive.
   
2. Review the court filing – the complaint (usually filed in the Southern District of New York for SOC‑related securities matters) will include the “Damages” section with the plaintiffs’ calculation of the alleged loss.
   
3. Contact the law firm – the press release invites interested investors to “contact Levi & Korsinsky to join” the suit; they can provide the exact numbers or a range they are seeking.

Bottom line: The excerpt you provided does not contain an estimated size of the potential liability or damages. To obtain that figure, you’ll need to consult the full press release or the underlying legal filing.