Press release
Investigation announced for Investors in shares of Berry Corporation (NASDAQ: BRY) over potential Wrongdoing
An investigation on behalf of current long term investors in Berry Corporation (NASDAQ: BRY) shares.
Investors who are current long term investors in Berry Corporation (NASDAQ: BRY) shares, 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 for current long term investors in NASDAQ: BRY stocks follows a lawsuit filed against Berry Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: BRY stocks, concerns whether certain Berry Corporation directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Northern District of Texas the plaintiff alleges that the Offering Documents that were filed in connection with the company’s IPO and that the Defendants made false and/or misleading statements and/or failed to disclose that Berry had materially overstated its operational efficiency and stability, that Berry's operational inefficiency and instability would foreseeably necessitate operational improvements that would disrupt the Company's productivity and increase costs, that the foregoing would foreseeably negatively impact the Company's revenues, and that as a result, the Offering Documents and the Company's public statements were materially false and/or misleading and failed to state information required to be stated therein.
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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