#United States #New York #Class Action #Levi & Korsinsky #Sable Offshore

Legal Notice for Sable Offshore Corp. Investors

Levi & Korsinsky, LLP has officially notified investors of Sable Offshore Corp. regarding a class action securities lawsuit. This legal action primarily addresses concerns over alleged securities fraud that adversely affected the shareholders of the company.

Class Definition

This lawsuit aims to recover losses incurred by investors who purchased or otherwise acquired publicly traded Sable Offshore securities between May 19, 2025, and June 3, 2025. It also encompasses transactions made pursuant to or traceable to the company's secondary public offering that took place on May 21, 2025.

To learn more about participating in this lawsuit, you can follow this link to get further information and connect with a member of the legal team. For direct inquiries, interested parties can also contact Joseph E. Levi, Esq. at [email protected] or call him at (212) 363-7500.

Case Details

The complaint filed alleges that the defendants issued false statements and concealed information indicating that:
1. They claimed that Sable Offshore Corp. had resumed oil production off the coast of California, which was not the case.
2. Consequently, the statements regarding Sable's business operations and prospects were materially misleading and lacked a reasonable basis during all relevant times.

Once the accurate information emerged, the lawsuit asserts that investors faced losses.

Next Steps

Investors who experienced financial losses due to these events have until September 26, 2025, to request the court to appoint them as lead plaintiff. It's important to note that participation in any recovery does not necessitate serving as the lead plaintiff.

No Cost to Participate

For those individuals categorized as class members, you might qualify for compensation without needing to bear any out-of-pocket costs or fees. There is no financial burden or obligation to participate in this lawsuit.

Why Choose Levi & Korsinsky

With two decades of experience, the legal team at Levi & Korsinsky has successfully secured hundreds of millions in settlements for shareholders. They have established a reputation for managing complex securities litigation and have consistently ranked among the top securities litigation firms in the U.S. by ISS Securities Class Action Services over the past seven years.

Contact Information

For further inquiries, please reach out to:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
Email: [email protected]
Phone: (212) 363-7500
Fax: (212) 363-7171
Website: www.zlk.com

Investors are encouraged to stay informed and take timely action as needed. Don’t miss your opportunity to seek justice and potential compensation within the legal timeframe provided.