Public

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.

Berry Petroleum Corp

Accepting Late Claims

Misleading Statements

Financial Misrepresentation

Failure to Disclose

Omissions

Directors

Management

Investment Bank

Service Provider

Berry Corp (BRY) $2.5M IPO Settlement

berry-ipo-settlement

Stocks

Long

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. The E&P segment engages in the development and production of onshore, low geologic risk, and long-lived conventional oil and gas reserves primarily located in California and Utah. The Well Servicing and Abandonment segment provides wellsite services in California to oil and natural gas production companies with a focus on well servicing, well abandonment services, and water logistics. The company was founded in 1909 and is headquartered in Dallas, Texas.