(NASDAQ GS: BRY)
Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Berry Corporation ("Berry" or the "Company") on behalf of stockholders. A class action complaint has been filed against Berry. The complaint alleges that the Registration Statement that defendants used to sell shares in the Company's IPO was materially false and misleading because: (i) it contained misleading statements about the potential risk of permitting delays and the inability to drill oil in identified sites when these risks had either already occurred or had a high risk of occurring in the near future; and (ii) it failed to disclose chronic internal deficiencies, which existed well before the Company went public, that prevented the Company from obtaining certain permits, the disclosure of which was mandated by the SEC.