Berry Corporation Securities Litigation

This official website is maintained by the Claims Administrator supervised by Lead Counsel in the action entitled Torres v. Berry Corporation , et al, Case No. 3:20CV-03464-S, pending in the United States District Court Northern District of Texas, Dallas Division


The information contained on this web page is only a summary of information presented in more detail in the Notice of Pendency of Class Action and Proposed Class Action Settlement, which you can access by clicking here. Since this website is just a summary, you should review the Notice for additional details.

If you are a part of the Settlement class your legal rights will be affected by this settlement whether you act or do not act. Please read the notice carefully.

If you (1) purchased or otherwise acquired Berry Corporation’s (“Berry” or the “Company”) common stock pursuant and/or traceable to Berry’s Registration Statement issued in connection with its July 26, 2018 initial public offering; and/or (2) purchased or otherwise acquired Berry’s common stock between July 26, 2018 and November 3, 2020, both dates inclusive (the “Class Period”), and were damaged thereby (the “Class”), you may be entitled to a payment from a class action settlement.

The Court will hold a Settlement Hearing on February 6, 2024 at 1:30 p.m. either telephonically and/or in Courtroom 1632 of the United States District Court, Northern District of Texas, 1100 Commerce Street Dallas, Texas 75242. At this hearing, the Court will consider, whether: (i) the Settlement is fair, reasonable, and adequate, and should be finally approved; (ii) the Plan of Allocation has a rational basis and should be approved; and (iii) Co-Lead Counsel’s application for attorneys’ fees and expenses and Plaintiffs’ reimbursement awards are reasonable and should be approved.

There are some individuals and entities who or which are excluded from the Class by definition. Excluded from the Class are Defendants herein, current and former officers and directors of the Company, members of their immediate families and their legal representatives, heirs, successors or assigns and any entity in which Defendants have or had a controlling interest. Also excluded from the Class will be any Person who or which timely and validly seeks exclusion from the Class in accordance with the procedures described in Question 10 below or whose request is otherwise allowed by the Court.

Please read the Notice to fully understand your rights and options. Copies of the Notice and Claim Form can be found in the menu on the top of this page.

Payments to eligible claimants will be made only after any appeals are resolved and after the completion of all claims processing. Please be patient, as this process will take some time to complete.

Please read the Notice carefully. If you have questions, you may call the Berry Corp Securities Litigation Help Line at 866-905-8124 or email info@BerryCorpSecuritiesLitigation.com.


YOUR LEGAL RIGHTS AND OPTIONS IN THE SETTLEMENT:
SUBMIT A CLAIM FORM BY MARCH 15, 2024 The only  way to get a payment. See Question 7 in the notice for details.
EXCLUDE YOURSELF FROM THE CLASS BY JANUARY 7, 2024 Get no payment. This is the only option that, assuming your claim is timely brought, might allow you to ever bring or be part of any other lawsuit against the Defendants or the other Released Defendant Parties concerning the Released Plaintiff Claims. See Question 10 in the notice for details.
OBJECT BY JANUARY 7, 2024 Write to the Court about why you do not like the Settlement, the Plan of Allocation, and/or the attorneys’ fee, and expense application. If you object, you will still be a member of the Class. See Question 15 in the notice for details.
GO TO A HEARING ON FEBRUARY 6, 2024 AND FILE A NOTICE OF INTENTION TO APPEAR BY JANUARY 7, 2024 Ask to speak in Court about the fairness of the Settlement on February 6, 2024. See Question 18 in the notice for details.
DO NOTHING Get no payment AND give up your rights to bring your own individual action