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Berry Corp

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Berry Corp?

Attention Berry Corp investors: contact investor lawyers for a free evaluation of your potential claims for compensation today.

Request a free case evaluation of your potential claims for compensation today, via email at arosca@rscounsel.law, through the contact form on this page, or by calling 888-998-0530.

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The Berry Corp Class Action Investigation page is the resource for investors who acquired Berry Corp shares in or before July 2018 and would like to evaluate compensation claims.

We can also do a Zoom call to discuss your matter.

Posted February 27, 2023

Berry Corp Investigation

Securities attorneys Alan Rosca, Paul Scarlato, and Kathryn Weidner have been investigating alleged securities violations, corporate misconduct, and misrepresentations, as well as questionable business practices involving Berry Corp, and have identified potential areas of concern for Berry Corp investors.

What Berry Corp Investors May Do

BRY stock investors interested to evaluate potential options to seek compensation and/or pursue claims related to their Berry Corporation investment may contact investor rights attorneys Alan Rosca, Paul Scarlato, or Kathryn Weidner. Claims that are not timely pursued may expire or otherwise be lost, generally speaking.

Get in Touch with an Experienced Team of Investor Attorneys

Attorneys Rosca, Scarlato, and Weidner have extensive experience in seeking compensation related to investor harm and pursuing claims arising out of alleged violations of securities law and/or corporate misconduct and are currently evaluating potential claims on behalf of investors in Berry Corp.

They typically work on a contingent fee basis, do not require any money down from their clients, advance case expenses, and only get paid for their fees and expenses if and when successful, following review and approval by the Court of any fee application.

Concerned BRY stock investors may contact attorneys Alan Rosca, Paul Scarlato, or Kathryn Weidner to discuss their potential options toll free at 888-998-0530, via email at arosca@rscounsel.law, or through the contact form on this webpage.

Invested in Berry?

Potential Compensation Claims

Has Berry Corp Been Accused of Misconduct?

On November 20, 2020, a class action complaint was filed against Berry Corporation, Arthur T. Smith, Cary Baetz, Gary A. Grove, Fernando Araujo, Kurt Neher, Kendrick F. Royer, Brent S. Buckley, Kaj Vazales, and Eugene Voiland. An amended class action complaint was filed a year later, on November 1, 2021.

The plaintiffs alleged, among others, that the Defendants made materially false or misleading statements in connection with its July 26, 2018, Initial Public Offering (“IPO”). The complaint further alleged that the IPO Registration Statement failed to fully inform investors about potential risks caused by permitting delays and the inability to drill oil in certain sites. The plaintiffs also alleged that the Registration Statement failed to disclose internal deficiencies that prevented Berry Corp from obtaining the permits in question.

Failure to secure the necessary permits led to Berry Corp revising its 2020 production target “significantly downwards, with growth expected to remain flat to 2% down,” and announcing a decreased average daily production, the complaint alleges. Following the announcements, the price per BRY share declined and as a result, the plaintiffs are seeking damages, as well as their reasonable attorneys’ fees, expert fees, and other costs. The case is currently pending.

Do Berry Corp Shareholders Have Claims for Compensation?

Investor rights attorneys Alan Rosca, Paul Scarlato, and Kathryn Weidner at Rosca Scarlato are investigating potential options and are evaluating potential claims for compensation and/or other redress on behalf of BRY shareholders. They have decades of combined experience representing victims of corporate or financial misconduct.

If you are a Berry Corp investor concerned about your investment and/or its value, you may contact attorneys Alan Rosca, Paul Scarlato, or Kathryn Weidner to learn more about your rights and for an evaluation of your potential claims, or to provide useful information.

All consultations are free. The Rosca Scarlato attorneys typically take cases like this on a contingency fee basis, advance all case costs, and only get paid for their fees and expenses if and when they are successful, following review and approval by the Court of any fee application.

To reach attorney Alan Rosca or his colleagues, Berry Corp investors may call 888-998-0530, email arosca@rscounsel.law, or leave a message through the contact form on this webpage.

The general considerations on this page are for informational purposes only and do not constitute legal advice. Such legal advice can only be offered once the attorneys discuss each investor’s situation, learn of the relevant facts and can tailor any advice to that investor’s facts. The Berry Corp Class Action Investigation page is not affiliated with Berry CorporationThere has not been an adjudication on the merits of the cases referenced in this blog post, as of the date of the posting.

Contact info:

Rosca Scarlato LLC – 216-946-7070 / 888-998-0530.
Alan Rosca – arosca@rscounsel.law
Paul Scarlato – pscarlato@rscounsel.law
Kathryn Weidner – kweidner@rscounsel.law

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DISCLAIMER

In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow matters about which we report, and/or to publish subsequent updates regarding various developments that may occur in such matters. Readers are encouraged to conduct their own research regarding any such matters and any developments that may or may not have occurred in such matters. Also, the Brokercheck report linked to some of our blogs is the up-to-date version as of the date of accessing by the reader. The information in our blogs is current as of the date of the drafting of the blog, and given that sometimes certain past complaints may no longer be listed in newer Brokercheck reports, some of the events referenced in some of our blogs may later on be removed from newer Brokercheck reports. Visitors may check the most recent version of each brokercheck report at www.finra.org, and may contact FINRA for the earlier version of the Brokercheck report upon which various blogs may be based.