The Law Offices of Frank R. Cruz announces an investigation of Sable Offshore Corp. (“Sable” or the “Company”) (NYSE: SOC) on behalf of investors concerning the Company’s possible violations of federal securities laws.

What Is The Investigation About?
On May 19, 2025, Sable announced that it had resumed oil production from one of three offshore platforms related for its Las Flores pipelines (“Onshore Pipeline”) in California.

Then, on May 23, 2025, the California State Land Commission sent Sable a letter regarding its May 19th announcement, warning that it “appears to mischaracterize the nature of recent activities, causing significant public confusion and raising questions regarding Sable’s intentions,” and that Sable had conflated offshore well testing activities required by a federal regulatory agency with the restart of operations.

Then, on May 28, 2025, the Santa Barbara County Superior Court approved a preliminary injunction from the California Coastal Commission regarding Sable’s maintenance and repair work in the coastal zone related to the Onshore Pipeline.

On this news, Sable’s stock price fell $5.04, or 15.3%, to close at $27.89 per share on May 28, 2025, thereby injuring investors.