The Shareholders Foundation announces that an investigation on behalf of current long-term investors in shares of Blue Earth Inc (NASDAQ:BBLU) was initiated concerning potential breaches of fiduciary duties by certain directors and officers of Blue Earth.
Investors who are current long term investors in Blue Earth Inc (NASDAQ:BBLU) shares, 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 for current long term investors in NASDAQ:BBLU stocks follows a lawsuit filed recently against Blue Earth Inc over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ:BBLU stocks, concerns whether certain Blue officers and directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges that the defendants violated Federal Securities Laws by issuing certain allegedly false and misleading statements between October 7, 2013 and October 21, 2014.
On October 21, 2014 an analyst report disclosed that there is evidence of a current law enforcement investigation of Blue Earth Inc, that Blue Earth Inc has engaged stock promoters who have improperly touted its stock, and that there are multiple red flags regarding the Company’s past and present auditors. Shares of Blue Earth Inc (NASDAQ:BBLU) declined from $3.77 per share in late September 2014 to as low as $1.00 per share on October 21, 2014.
On January 2, 2015, NASDAQ:BBLU shares closed at $1.10 per share.
Those who purchased shares of Blue Earth Inc have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego