Lifshitz Law PLLC Announces Investigations of Avis Budget Group, Inc. (NYSE:CAR), Open Lending Corporation (NASDAQ:LPRO), Civitas Resources, Inc. (NYSE:CIVI), and West Pharmaceutical Services, Inc. (NYSE:WST)

2025-05-19

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NEW YORK, NY / ACCESS Newswire/ May 19, 2025 / Lifshitz Law PLLC:

Avis Budget Group, Inc. (NYSE:CAR)

Lifshitz Law PLLCannounces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made materially false and/or misleading statements and/or failed to disclose to investors material information. Specifically, the Company allegedly made false and/or misleading statements and/or failed to disclose that: (1) Avis Budget crafted and implemented a plan to significantly accelerate its fleet rotation in the fourth quarter of 2024; (2) the foregoing acceleration shortened the useful life of the majority of the Company's vehicles in the Americas segment, thereby reducing their recoverable value; (3) as a result, Avis Budget would be forced to recognize billions of dollars in impairment charges and incur substantial losses; (4) all the foregoing was likely to, and did, have a significant negative impact on the Company's financial results; (5) accordingly, Avis Budget's financial and/or business prospects were overstated; and (6) as a result, the Company's public statements were materially false and misleading.

If you are a CAR investor, and would like additional information about our investigation, please complete the Information Request Formor contact Joshua Lifshitz, Esq.by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.

Open Lending Corporation (NASDAQ:LPRO)

Lifshitz Law PLLCannounces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made materially false and/or misleading statements and/or failed to disclose to investors material information. Specifically, the Company allegedly: (1) misrepresented the capabilities of the Company's risk-based pricing models; (2) issued materially misleading statements regarding the Company's profit share revenue; (3) failed to disclose the Company's 2021 and 2022 vintage loans had become worth significantly less than their corresponding outstanding loan balances; (4) misrepresented the underperformance of the Company's 2023 and 2024 vintage loans; and (5) as a result of the foregoing, the Company's positive statements about its business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

If you are an LPRO investor, and would like additional information about our investigation, please complete the Information Request Formor contact Joshua Lifshitz, Esq.by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.

Civitas Resources, Inc. (NYSE:CIVI)

Lifshitz Law PLLCannounces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made materially false and/or misleading statements and/or failed to disclose to investors material information. Specifically, the Company allegedly made false and/or misleading statements and/or failed to disclose 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, the Company's public statements were materially false and misleading at all relevant times.

If you are an CIVI investor, and would like additional information about our investigation, please complete the Information Request Formor contact Joshua Lifshitz, Esq.by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.

West Pharmaceutical Services, Inc. (NYSE:WST)

Lifshitz Law PLLCannounces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made materially false and/or misleading statements and/or failed to disclose to investors material information. Specifically, the Company allegedly failed to disclose that: (1) despite claiming strong visibility into customer demand and attributing headwinds to temporary COVID-related product destocking, West was in fact experiencing significant and ongoing destocking across its high-margin High-Value Products portfolio; (2) West's SmartDose device, which was purportedly positioned as a high-margin growth product, was highly dilutive to the Company's profit margins due to operational inefficiencies; (3) these margin pressures created the risk of costly restructuring activities, including the Company's exit from continuous glucose monitoring contracts with long-standing customers; and (d) as a result of the foregoing, the Company's positive statements about its business, operations, and prospects were materially false and/or misleading or lacked a reasonable basis.

If you are a WST investor, and would like additional information about our investigation, please complete the Information Request Formor contact Joshua Lifshitz, Esq.by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.

_ATTORNEY ADVERTISING._© 2025 Lifshitz Law PLLC. The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact:

Joshua M. Lifshitz, Esq. Lifshitz Law PLLC Phone: 516-493-9780 Facsimile: 516-280-7376 Email: jlifshitz@lifshitzlaw.com

SOURCE:Lifshitz Law PLLC

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