BRY Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Berry Corporation is Fair to Shareholders

Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of Berry Corporation to California Resources Corporation, specifically whether the exchange ratio of 0.0718 shares of California Resources for each share of Berry is equitable for Berry shareholders [1]. Group 1: Investigation Details - The investigation focuses on potential violations of federal securities laws and breaches of fiduciary duties by Berry and its board, including failure to secure the best possible consideration for shareholders and not adequately disclosing material information necessary for assessing the merger [3]. - Halper Sadeh LLC may seek increased consideration for Berry shareholders, additional disclosures, and other forms of relief related to the proposed transaction [4]. Group 2: Legal Rights and Options - Berry shareholders are encouraged to explore their legal rights and options regarding the transaction, with contact information provided for further inquiries [2][6].