Resources

Continental Resources Sues Hess for Up to $69 Million Over Alleged Fee Mismanagement in Williston Basin Operations

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HOUSTON — Continental Resources has filed a lawsuit against Hess Corp., alleging fraudulent activity amounting to as much as $69 million, according to court documents. The legal action, lodged in federal court, claims Hess inflated midstream service fees through transactions involving its subsidiaries, impacting Continental’s revenues from oil and gas production wells. The lawsuit highlights Hess’s operations in the Williston Basin, North Dakota, where it manages approximately 483 wells. Continental Resources, based in Oklahoma, asserts that the excessive fees imposed by Hess Midstream Partners substantially reduced net revenues from hydrocarbons. The company contends that Hess … Read more

Join the Fight: Class Action Lawsuit Against Civitas Resources, Inc. – Claim Your Rights Before July 1, 2025!

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Denver, Colo. — A class action lawsuit has been initiated against Civitas Resources, Inc. (CIVI), raising significant concerns among investors and stakeholders. Those interested in joining the class action are encouraged to register by July 1, 2025. The legal representatives handling the case are from Levi & Korsinsky. The lawsuit has emerged as a response to allegations regarding the company’s financial practices and transparency. Investors claim that Civitas may have provided misleading information that impacted their decisions, leading to potential financial losses. These accusations have the potential to affect a large group of individuals who … Read more

Rosen Law Firm Spearheads Class Action Against Perpetua Resources Corp., Alleging Misrepresented Project Costs

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NEW YORK — Rosen Law Firm, a notable player in global investor rights advocacy, recently declared the initiation of a class action lawsuit representing shareholders who purchased securities from Perpetua Resources Corp. (NASDAQ: PPTA) during the period of April 17, 2024, to February 13, 2025. Pertinent filings were made in light of allegations that pertinent information was misrepresented to the investor community, affecting the stock values detrimentally when revealed. Shareholders interested in acting as lead plaintiff within the class have until May 20, 2025, to apply. The role involves leading the litigation on behalf of … Read more

Investors Invited to Lead Securities Fraud Class Action Against Civitas Resources, Inc.

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Investors in Civitas Resources, Inc., a prominent company in the energy sector, are currently presented with a significant opportunity to lead a class-action lawsuit alleging securities fraud. This legal move follows claims that the Denver-based corporation may have issued materially misleading business information to the investing public. The lawsuit centers on allegations that Civitas and certain of its executives engaged in practices that failed to disclose the company’s true operational and financial condition. As a result, its securities traded at artificially inflated prices. The period under scrutiny is from February 2022 to the present. It’s … Read more