BRY.US
id: 830
Berry Corp (BRY) $2.5M IPO Settlement
The process of distributing settlement funds to claimants has started.
$2,500,000
Cash SettlementN.D. Texas
Court3:20-cv-03464
Case number07/26/2018
Class period Start11/03/2020
Class period End03/15/2024
Claim deadlineBerry 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