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Investigation announced for Investors in shares of Berry Corporation (NASDAQ: BRY) over possible Violations of Securities Laws

06-24-2020 03:59 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Berry Corporation (NASDAQ: BRY) shares over potential securities laws violations by Berry Corp.

An investigation for investors in Berry Corporation (NASDAQ: BRY) shares over potential securities laws violations by Berry Corp.

An investigation was announced concerning potential securities laws violations by Berry Corporation in connection with certain financial statements.

Investors who purchased shares of Berry Corporation (NASDAQ: BRY), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Berry Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Dallas, TX based Berry Corporation, an independent upstream energy company, engages in the development and production of conventional oil reserves located in the western United States.

Berry Corporation reported that its annual Total Revenue declined from $586.55 million in 2018 to $559.4 million in 2019, and that its Net Income declined from $147.10 million in 2018 to $43.53 million in 2019. Shares of Berry Corporation (NASDAQ: BRY) declined from $18.28 per share in October 2018 to as low as $1.82 per share on March 18, 2020.

Those who purchased shares of Berry Corporation (NASDAQ: BRY) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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