Energy News / Shareholders Foundation, Inc.

NYSE:BHGE Shareholder Notice: Investigation over Potential Wrongdoing at Baker Hughes

Via: ReleaseWire

Updated 11:00 AM CST, Wed, January 09,2019

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 mail@shareholdersfoundation.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.

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.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nysebhge-shareholder-notice-investigation-over-potential-wrongdoing-at-baker-hughes-1118882.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com