Sable Offshore Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Sable Offshore Corp. - SOC
Kahn Swick & Foti, LLC announced it has commenced an investigation into whether officers and directors of Sable Offshore Corp (NYSE: SOC) breached fiduciary duties to shareholders or violated state or federal laws. The probe follows Sable's June 4, 2025 disclosure that a Santa Barbara County Superior Court judge granted temporary restraining orders prohibiting the company from restarting oil transport through the Las Flores Pipeline System. Sable and certain executives were subsequently sued in a securities class action alleging failure to disclose material information, which remains ongoing.
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