HENDERSON, NV--(Marketwired - November 05, 2015) - Blue Earth, Inc. (BBLU) an alternative/renewable power generation solutions company, announced today that the United States District Court for the Central District of California issued an order granting the Company's motion to dismiss the class action lawsuit, captioned In re Blue Earth, Inc. Securities Class Action Litigation, filed against the Company and three of its officers in October 2014. The court granted plaintiff leave to amend the complaint, but the court expressed doubt about whether the plaintiff would be able to cure the defects in the complaint. If the plaintiff chooses to amend the complaint, he must do so by November 30, 2015. If an amendment is filed by the plaintiff, the Company expects to file another motion to dismiss.
BBLU is engaged in the clean technology industry with a primary focus in alternative/renewable power generation sectors. We strive to participate in the global movement for a sustainable planet by offering products and services that will optimize energy use, reduce harmful environmental emissions and materially reduce energy costs to our customers. For more information about Blue Earth, Inc., please visit www.blueearthinc.com.
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