Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Concho Resources Inc. (CXO) Class Action Lawsuit (July 2021)

In Litigation

4:21cv2473 • July 30, 2021

Class Period Start

February 21, 2018

Class Period End

July 31, 2019

PSLRA Deadline

September 28, 2021

Case Allegations

10b5

Statutes of Repose

Feb 21, 2021

Country

United States

Court

Federal Court

Docket History

Apr 7, 2025

Class Certification Denied in Part

The court has approved some parts of the request to proceed as a class action but denied others. This means the lawsuit can move forward on behalf of certain investors or claims, while others may be excluded. The court's decision will determine which investors and claims are included in the class action.

Dec 7, 2023

Motion for Class Certification

The plaintiffs have asked the court to approve the lawsuit to proceed as a class action on behalf of a group of investors. The judge will decide whether the case meets the requirements for class certification and which investors and claims may be included.

Jun 23, 2023

Motion to Dismiss Denied in Part

The court has determined that plaintiffs have adequately alleged some of their claims, but have failed to adequately allege other claims. The judge has therefore denied in part the motion to dismiss filed by defendants and written an order stating which claims are dismissed and which remain. The case will proceed and parties will litigate the remaining claims.

Mar 8, 2022

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Jan 7, 2022

First Amended Complaint

A new complaint has been filed on behalf of certain investors in Concho Resources Inc. . Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Oct 29, 2021

Scheduling Order

Oct 21, 2021

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Jul 30, 2021

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Concho Resources Inc. .

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