CIVI Shareholders Urged to Take Action in Civitas Resources Lawsuit

CIVI Shareholders Encouraged to Join a Class Action Lawsuit

In a significant development for investors in Civitas Resources, Inc. (NYSE: CIVI), the DJS Law Group has highlighted the rights of shareholders to lead a class action lawsuit against the company. This legal action is initiated due to alleged violations of federal securities laws during a specified period. Shareholders who bought shares between February 27, 2024, and February 24, 2025, are particularly urged to participate and understand their rights.

Background of the Case

The core of the complaint centers on accusations that Civitas falsely assured the market regarding its oil production capabilities. In recent months, it has become apparent that the company is likely to face a decline in oil production for 2025. This concern arises after a reported peak in production within the DJ Basin, leading to doubts about the company's capacity to maintain its previous production levels. To bolster output, Civitas might need to acquire new operational sites, which could necessitate taking on substantial debt. It has been reported that the financial strain may force the company to undertake cost-cutting measures, including potential layoffs, which could adversely affect many employees and investors alike.

Shareholders who have experienced financial losses during this period are encouraged to reach out to DJS Law Group to explore options to participate in the lawsuit. The law firm specializes in such class action cases and emphasizes the importance of informed decision-making among investors.

Why Choose DJS Law Group?

DJS Law Group prides itself on advocating for investors and maximizing their returns through strategic legal action. The firm focuses primarily on securities class actions and corporate governance litigation, providing robust support to clients, including some of the most prominent hedge funds and asset managers globally. They assert that the claims brought forth by their clients constitute valuable assets that require expert handling.

By reaching out to DJS Law Group, Civitas shareholders can receive personalized advice about their legal standing and potential involvement in the lawsuit. The firm has a proven track record of delivering results through effective legal representation.

Conclusion

With the deadline for action approaching on July 1, 2025, it is vital for affected shareholders to act promptly. DJS Law Group is available to answer any questions and guide investors through the process of understanding their rights and possibly joining the class action lawsuit. By taking proactive steps, shareholders can protect their interests and hold Civitas accountable for its statements and potential missteps regarding its financial standing.

For more information, shareholders are encouraged to contact David J. Schwartz at DJS Law Group via phone at 914-206-9742, or by email. Don't miss the opportunity to reclaim your rights as an investor and take a stand in this pivotal legal case.