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Torres v. Berry Corporation et al
Case Number:
3:20-cv-03464
Court:
Nature of Suit:
Other Statutes: Securities/Commodities/Exchange
Multi Party Litigation:
Class Action
Judge:
Firms
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October 19, 2023
Berry Corp. Investors Get Initial OK For $2.5M Settlement
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.
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September 19, 2023
Berry Corp. Investors Ink $2.5M Deal Over Deception Claims
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.
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February 14, 2023
Berry Corp. Investors Seek Class Cert. Over Deception Claims
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.
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November 23, 2020
Investor Says Oil & Gas Co. Hid Losses To Boost Stock Value
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.