BRY.US

id: 830

Berry Corp (BRY) $2.5M IPO Settlement

N.D. Texas

Court

3:20-cv-03464

Case number

07/26/2018

Class period Start

11/03/2020

Class period End

03/15/2024

Claim deadline

Berry Corp. pays $2.5 million to investors to end the lawsuit alleging that the $BRY hid financial losses prior to its IPO in 2018.

Case Status

Disbursement

Alleged Offence

Misleading Statements,

Financial Misrepresentation,

Failure to Disclose,

Omissions

Suspected Party

Directors,

Management,

Investment Bank,

Service Provider

Security Type

Stocks

Trade Direction

Long

Payout per Share

0.07

Filing date

11/20/2020

Plaintiffs

Luis Torres, Allia DeAngelis, Darrick Inman

Attorneys

Pomerantz LLP, The Rosen Law Firm, P.A.

Defendants

Arthur T. Smith, Cary Baetz, Gary A. Grove, Brent S. Buckley, Kaj Vazales, Eugene J. Voiland

Judge

Hon. Karen G. Scholer

Administrator

A.B. Data Ltd

Settlement agreement date

2023-09-18

Court hearing date

02/06/2024

Exclusion deadline

01/07/2024

Objection deadline

01/07/2024

Hearing deadline

01/07/2024

Trades matching type

FIFO

Disbursement date

09/05/2024

+$2,500,000

Cash Settlement Amount

Berry Petroleum Corp

Berry Corporation operates as an independent upstream energy company in the western United States. It operates through Exploration and Production (E&P), and Well Servicing and Abandonment segments....

Ticker

BRY.US

ISIN

US08579X1019

CIK

1705873

Sector

Energy

Industry

Oil & Gas E&P

Country

USA

Address

16000 North Dallas Parkway, Dallas, TX, United States, 75248