SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Blue Earth, Inc. - BBLU
NEW YORK, Oct. 22, 2014 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Blue Earth, Inc. ("Blue Earth" or the "Company") (NCM: BBLU). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 237.
The investigation concerns whether Blue Earth and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
October 21, 2014 a report published on the Seeking Alpha website alleged that there is evidence of a current law enforcement investigation of the Company, Blue Earth has engaged stock promoters who have improperly touted its stock, and that there are multiple red flags regarding the Company's past and present financial auditors.
On this news, shares of Blue Earth declined $1.29 per share, or approximately 50%, to $1.29 per share on intraday trading on October 21, 2014.
The Pomerantz Firm, with offices in New York, Chicago, San Diego and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-blue-earth-inc--bblu-692536288.html
SOURCE Pomerantz LLP
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