Class Action Lawsuits Hit Civitas Resources and Broadmark Realty Over Alleged Misrepresentations
Key Points
- Civitas Resources faces legal backlash over inflated oil pro...
Ah, nothing says 'corporate accountability' quite like the sweet sound of lawyers sharpening their pencils and investors reaching for their pitchforks. Two more companies have joined the prestigious "We Might Have Some Explaining To Do" club, and boy, do they have stories to tell.
When "Growth Projections" Meet Reality TV
Civitas Resources finds itself in hot water after shareholders claimed the company's rosy picture of oil production was about as accurate as a weather forecast in tornado season. Between February 2024 and February 2025, investors allege the company painted their operati...
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