An investigation for investors in Berry Corporation (NASDAQ:BRY) shares over potential securities laws violations by Berry Corporation was announced.
San Diego, CA -- (SBWIRE) -- 06/30/2020 -- An investigation was announced over 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 firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Berry Corporation (NASDAQ: BRY) concerning 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.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , 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, investigation, and/or settlements are not filed/reached and/or 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.