SAN DIEGO & DALLAS--(BUSINESS WIRE)--Shareholder rights law firm Robbins LLP informs shareholders that it is investigating Berry Corporation (NYSE: BRY) for potential material misstatements and violations of federal securities laws pursuant to its July 2018 initial public offering ("IPO"). On July 30, 2018, Berry completed its IPO offering shares at $14 per share and raising $112 million in net proceeds. Since its IPO, Berry's stock has precipitously declined and by June 29, 2020, shares of Berry closed at only $4.76 per share, representing a staggering decline of approximately 66% from its IPO share price.
If you purchased shares of Berry stock in its July 2018 IPO at $14 per share, click here.
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