CIVI DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Civitas Resources, Inc. Investors to Secure Counsel Before Important July 1 Deadline in Securities Class Action - CIVI

Core Viewpoint - Civitas Resources, Inc. is facing a class action lawsuit due to allegedly misleading statements regarding its oil production and financial condition during the specified class period from February 27, 2024, to February 24, 2025 [1][3]. Group 1: Class Action Details - The Rosen Law Firm is reminding investors who purchased Civitas securities during the class period of the July 1, 2025, deadline to become a lead plaintiff in the class action [1][2]. - The lawsuit claims that Civitas made materially false and misleading statements about its oil production capabilities and financial health, which led to investor damages when the truth was revealed [3]. Group 2: Allegations Against Civitas - Civitas was likely to significantly reduce its oil production in 2025 due to declines following a production peak in Q4 2024 and low TIL count at the end of 2024 [3]. - Increasing oil production would necessitate acquiring additional acreage, leading to significant debt and asset sales to cover acquisition costs [3]. - The company's financial condition would require disruptive cost-reduction measures, including a significant workforce reduction, which overstated its business and financial prospects [3].