{"id":862365,"date":"2025-06-20T15:51:14","date_gmt":"2025-06-20T19:51:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/civitas-resources-inc-civi-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\/"},"modified":"2025-06-20T15:51:14","modified_gmt":"2025-06-20T19:51:14","slug":"civitas-resources-inc-civi-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/civitas-resources-inc-civi-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\/","title":{"rendered":"Civitas Resources, Inc. (CIVI) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n BENSALEM, Pa.<\/span>
\n <\/span>, June 20, 2025<\/span><\/span> \/PRNewswire\/ — The Law Offices of Howard G. Smith<\/span><\/a> announces that investors with substantial losses have opportunity to lead the securities fraud<\/span> class action lawsuit against Civitas Resources, Inc. (“Civitas” or the “Company”) (NYSE:\u00a0CIVI<\/a>).<\/p>\n

\n IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CIVITAS RESOURCES, INC. (CIVI), <\/b>
\n CONTACT THE LAW OFFICES OF HOWARD G. SMITH\u00a0BEFORE JULY 1, 2025<\/span><\/b>
\n (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD<\/span> LAWSUIT.<\/b>\n <\/p>\n

Contact the Law Offices of Howard G. Smith<\/span> to discuss your legal rights by email at\u00a0howardsmith@howardsmithlaw.com<\/a>, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com<\/a>.<\/p>\n

\n What Is The Lawsuit About?
<\/b>The complaint filed alleges<\/span> that, between February 27, 2024<\/span> and February 24, 2025<\/span>, Defendants failed to disclose to investors that: (1) Civitas was highly likely to significantly reduce its oil production in 2025 as a result of, inter alia, declines following the production peak at the DJ Basin in the fourth quarter of 2024 and a low TIL count at the end of 2024; (2) increasing its oil production would require the Company to acquire additional acreage and development locations, thereby incurring significant debt and causing the Company to sell corporate assets to offset its acquisition costs; (3) the Company’s financial condition would require it to implement disruptive cost reduction measures including a significant workforce reduction; (4) accordingly, Civitas’s business and\/or financial prospects, as well as its operational capabilities, were overstated; and (5) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n

\n Contact Us To Participate or Learn More:
<\/b>If you wish to\u00a0learn more\u00a0about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:
Howard G. Smith, Esq.<\/span>,
Law Offices of Howard G. Smith<\/span>,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania<\/span> 19020,
Call us at: (215) 638-4847
Email us at: howardsmith@howardsmithlaw.com<\/a>,
Visit our website at: www.howardsmithlaw.com<\/a>.<\/p>\n

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.<\/p>\n

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n

\n Contact Us:
<\/b>
\n Law Offices of Howard G. Smith<\/span>
<\/span>
\n Howard G. Smith, Esquire<\/span>
\n
215-638-4847
howardsmith@howardsmithlaw.com<\/a>
www.howardsmithlaw.com<\/a><\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/civitas-resources-inc-civi-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-302487327.html<\/a><\/p>\n

SOURCE Law Offices of Howard G. Smith<\/span><\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire BENSALEM, Pa. , June 20, 2025 \/PRNewswire\/ — The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Civitas Resources, Inc. (“Civitas” or the “Company”) (NYSE:\u00a0CIVI). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CIVITAS RESOURCES, INC. (CIVI), CONTACT THE LAW OFFICES OF HOWARD G. SMITH\u00a0BEFORE JULY 1, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at\u00a0howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com. What Is The Lawsuit About? The complaint filed alleges that, between February 27, 2024 and … <\/p>\n

Continue reading “Civitas Resources, Inc. (CIVI) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-862365","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCivitas Resources, Inc. 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(“Civitas” or the “Company”) (NYSE:\u00a0CIVI). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CIVITAS RESOURCES, INC. (CIVI), CONTACT THE LAW OFFICES OF HOWARD G. SMITH\u00a0BEFORE JULY 1, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at\u00a0howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com. What Is The Lawsuit About? The complaint filed alleges that, between February 27, 2024 and … Continue reading "Civitas Resources, Inc. 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