The Shareholders Foundation announces that a deadline is coming up on December 23, 2014 in the lawsuit filed for investors of Blue Earth Inc (NASDAQ:BBLU) over alleged securities laws violations by Blue Earth Inc.
Investors who purchased shares of Blue Earth Inc (NASDAQ:BBLU) have certain options and there are strict and short deadlines running. Deadline: December 23, 2014. NASDAQ:BBLU stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
According to the complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges on behalf of purchasers of Blue Earth Inc (NASDAQ:BBLU) common shares between October 7, 2013 and October 21, 2014, that the defendants violated Federal Securities Laws.
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 and continued to decline to as low as $0.70 per share on December 11, 2014.
On December 15, 2014, NASDAQ:BBLU shares closed at $0.87 per share.
Those who purchased shares of Blue Earth Inc have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com