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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 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

Berry Petroleum Corp

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

    Ticker
    BRY.US
    ISIN
    US08579X1019
    CIK
    0001705873
    Sector
    Energy
    Industry
    Oil & Gas E&P
    Country
    USA
    Address
    16000 North Dallas Parkway, Dallas, TX, United States, 75248