Sable Offshore Corp. (NYSE:SOC) on Tuesday disclosed in a regulatory filing for a $250 million stock offering, that both the U.S. Securities and Exchange Commission (SEC) and federal prosecutors in New York have issued subpoenas for company documents.
The core issues involve allegations that the company shared sensitive data with specific high-profile investors, including professional golfer Phil Mickelson, while keeping others in the dark.
Benzinga reached out to Sable Offshore for comment, but did not receive an immediate response.
According to allegations made by Hunterbrook Media, CEO Jim Flores held a conference call in October 2025 with a select group of investors where …Full story available on Benzinga.com
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