Investors with Losses Over $100,000 Urged to Act Before Deadline in Sable Offshore Securities Class Action

Investor Alert: Sable Offshore Corp. Class Action Lawsuit

Kahn Swick & Foti, LLC (KSF), led by former Louisiana Attorney General Charles C. Foti, Jr., has issued an urgent reminder to investors regarding potential losses incurred during the recent trading activity of Sable Offshore Corp. (NYSE: SOC). Investors who acquired shares between May 19 and June 3, 2025, or through the company’s secondary public offering on May 21, 2025, are encouraged to take action before the upcoming deadline for filing lead plaintiff applications in the class action lawsuit. This legal matter is currently ongoing in the United States District Court for the Central District of California.

Important Dates and Actions

The lead plaintiff application deadline is set for September 26, 2025. Investors who believe they have suffered losses exceeding $100,000 during the defined class period must act promptly. Those interested in participating in the lawsuit can contact KSF Managing Partner Lewis Kahn at 1-877-515-1850 or via email at [email protected]. Additionally, more details are available at www.ksfcounsel.com/cases/nyse-soc/.

Background of the Allegations

The lawsuit against Sable Offshore and certain executives comes in the wake of allegations that there was a failure to disclose crucial information that materially affected the company's stock price during the class period. Specifically, on June 4, 2025, it was revealed that the Santa Barbara County Superior Court had granted requests for temporary restraining orders against Sable Offshore, which prohibited the continuation of oil transportation through the Las Flores Pipeline System pending further court hearings. The impact of this disclosure was immediate, leading to a 3.91% drop in stock price, closing at $23.10.

The case is officially cited as Johnson v. Sable Offshore Corp., et al., No. 25-cv-6869. This unfolding litigation highlights the significance of corporate transparency and the potential ramifications when companies fail to provide investors with necessary information.

The Role of Kahn Swick & Foti, LLC

KSF has built a formidable reputation in securities litigation, advocating on behalf of public and private institutional investors as well as retail investors. Last year, the firm was recognized as one of the top 10 law firms in the country in terms of settlement value by SCAS. KSF specializes in helping clients recover losses arising from corporate misconduct, specifically focusing on serious allegations such as securities fraud.

As a resourceful entity in the legal landscape of investment recovery, KSF features multiple offices across the United States, including locations in New York, Delaware, California, Louisiana, Chicago, New Jersey, and even a representative office in Luxembourg. Their expertise ensures that investors are informed and empowered regarding their rights in the wake of corporate missteps.

Next Steps for Affected Investors

Investors who may have been affected by the drop in Sable Offshore's stock price should closely consider their legal options. Prompt action is imperative to ensure participation in this class action, and KSF stands ready to assist those seeking recovery for their losses. As the deadline approaches, the emphasis on corporate accountability intensifies, shining a light on the importance of investor rights in the corporate sphere.