Shareholders of Civitas Resources, Inc. Take Action Now!
If you are a shareholder of Civitas Resources, Inc. (NYSE: CIVI) and have suffered financial losses, there is an important opportunity for you to reclaim some of your losses. The Gross Law Firm has officially issued a notice inviting affected investors to participate in a pending class action.
Important Details About the Class Action
This class action pertains to shareholders who acquired shares of Civitas Resources between February 27, 2024, and February 24, 2025. Allegations made suggest that Civitas misrepresented their operational capabilities and financial prospects, which ultimately led to a significant drop in the company's stock value.
Among the allegations presented is that Civitas was poised to drastically decrease their oil production in 2025 due to a peak production decline, coupled with insufficient locations to develop further. Moreover, reports indicate that pursuing increased oil production would burden the Company with substantial debt, potentially leading to corporate asset sales to mitigate acquisition costs. This ominous forecast raises serious concerns about the company's overall financial health.
As if that's not enough, the necessary cost-cutting measures that were to follow included potentially significant layoffs, further indicating mismanaged expectations on the company's financial wellbeing. For investors who were misled by such public statements, this class action offers a chance for restitution.
What You Need to Do
The deadline to register for participating in this class action is
July 1, 2025. It's important to act without delay to secure your rights. Registering does not obligate you financially, but it is required to ensure your participation in any potential recovery. By registering, you will also gain access to a portfolio monitoring software, which will keep you updated on the case's progression.
To register, simply visit
The Gross Law Firm's page. It is crucial for those impacted by the company's statements and subsequent stock decline to take action promptly.
Why Choose The Gross Law Firm?
The Gross Law Firm is a nationally recognized class action law firm committed to representing shareholders who have suffered due to misleading statements or fraudulent activities by companies like Civitas Resources. Their mission emphasizes ensuring responsible corporate practices while facilitating recovery on behalf of investors.
In a landscape where transparency is paramount, The Gross Law Firm stands out for its dedication to protecting investor rights. They have a proven track record, and although past results don't guarantee similar outcomes in the future, they have consistently prioritized client interests.
Don't miss your chance to join this important collective effort. If you have any questions or need assistance, The Gross Law Firm is reachable at:
- - Email: [email protected]
- - Phone: (646) 453-8903
Investors are advised to be proactive in such situations. Each voice matters, and together, shareholders can advocate for the accountability and rectification they deserve. Remember, the clock is ticking, and it's time to be informed and involved.
Let your voice be heard—take action today!