An investigation on behalf of investors in Baker Hughes, a GE company (NYSE: BHGE) shares over potential wrongdoing at Baker Hughes was announced.
San Diego, CA -- (SBWIRE) -- 01/09/2019 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Baker Hughes.
Investors who purchased shares of Baker Hughes, a GE company (NYSE: BHGE) have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Baker Hughes directors breached their fiduciary duties and caused damage to the company and its shareholders.
Houston, TX based Baker Hughes, a GE company provides integrated oilfield products, services, and digital solutions worldwide. Baker Hughes, a GE company reported that its annual Total Revenue rose from over $13.26 billion in 2016 to over $17.25 billion in 2017. Baker Hughes, a GE company reported for 2017 a Net Loss of $73.00 million.
Shares of Baker Hughes, a GE company (NYSE: BHGE) declined from $36.97 per share in May 2018 to as low as $20.09 per share in late December 2018.
On January 8, 2019, NYSE: BHGE shares closed at $23.21 per share.
Those who purchased shares of Baker Hughes, a GE company (NYSE: BHGE) have certain options and should contact the Shareholders Foundation.
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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.