An investigation on behalf of investors in Baker Hughes Company (NYSE: BKR) shares over potential wrongdoing at Baker Hughes Company was announced.
San Diego, CA -- (SBWIRE) -- 05/06/2021 -- Certain directors of Baker Hughes Company are under investigation over potential breaches of fiduciary duties.
Investors who purchased shares of Baker Hughes Company (NYSE: BKR) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Baker Hughes Company breached their fiduciary duties and caused damage to the company and its shareholders.
Houston, TX based Baker Hughes Company provides a portfolio of technologies and services worldwide.
On February 25, 2021, Baker Hughes Company disclosed in a filing with the Securities and Exchange Commission ("SEC"), that in December 2020, the Company received notice that the SEC is conducting a formal investigation that the Company understands is related to its books and records and internal controls regarding sales of its products and services in projects impacted by U.S. sanctions. Baker Hughes Company said it is cooperating with the SEC and providing requested information. Baker Hughes Company also said that it has also initiated an internal review with the assistance of external legal counsel regarding internal controls and compliance related to U.S. sanctions requirements.
Those who purchased shares of Baker Hughes Company (NYSE: BKR) 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
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.