NEW YORK--(BUSINESS WIRE)-- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Civitas Resources, Inc. (NYSE: CIVI) resulting from allegations that Civitas Resources may have issued materially misleading business information to the investing public.

So What: If you purchased Civitas Resources securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

What to do next: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=36337 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

What is this about: On February 24, 2025, after market hours, Investing.com published an article entitled “Civitas Resources earnings missed by $0.16, revenue fell short of estimates.” The article further stated that “[r]evenue for the quarter came in at $1.29B versus the consensus estimate of $1.3B.”

Further, after market hours on February 24, 2025, the Civitas filed a current report with the SEC on Form 8-K. In this current report, Civitas announced that it had terminated the employment of its chief operating officer, and its chief transformation officer, effective immediately.

On this news, the price of Civitas Resources stock fell 18% on February 25, 2025.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

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