October 19, 2023
A Texas federal judge granted initial approval to a $2.5 million deal settling investors' allegations that energy company Berry Corp. concealed financial losses before its initial public offering.
September 19, 2023
Investors suing energy company Berry Corp. have asked a Texas federal judge to preliminarily approve a $2.5 million deal to settle claims the company concealed financial losses before its initial public offering.
February 14, 2023
A group of Berry Corp. investors suing the company for allegedly concealing financial losses ahead of its initial public offering has asked a Texas federal judge to certify a proposed class and appoint Pomerantz LLP and The Rosen Law Firm PA as co-lead counsel.
November 23, 2020
Berry Corp. and its top brass have been accused of masking financial failures and bluffing about the oil and gas company's potential from the date of its initial public offering, resulting in an 80% stock devaluation after a $19 million net loss for the third quarter of 2020.