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BRY.US
id: 830

Berry Corp (BRY) $2.5M IPO Settlement

N.D. Texas
Court
3:20-cv-03464
Case number
26 Jul 2018
Class period Start
03 Nov 2020
Class period End
15 Mar 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
Accepting Late Claims
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
20 November 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
06 February 2024
Exclusion deadline
07 January 2024
Objection deadline
07 January 2024
Hearing deadline
07 January 2024
Trades matching type
FIFO
+$2,500,000
Cash Settlement Amount

Berry Petroleum Corp

Berry Corporation, an independent upstream energy company, engages in the development and production of conventional oil reserves in the western United States. It operates through Exploration and P...

    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