Blue Earth, Inc. acquires, develops, markets, installs, and monitors clean-technologies and energy management systems.

According to the law firm press release, the lawsuit alleges Blue Earth issued materially false and misleading financial information because the Company overstated the market potential of its UPStealth products. On October 21, 2014 a financial blog published a report on Blue Earth which asserted, among other things, that the potential market for Blue Earth’s UPStealth product was unviable. The blog also revealed numerous red flags of potential fraud. On this news, shares of Blue Earth fell over 50% on October 21, 2014, damaging investors.

On November 3, 2015, the Court issued an Order granting Defendants' Motion to Dismiss. Plaintiffs were given leave to replead. Plaintiffs filed an amended Complaint on November 30.

On July 25, 2016, the Court issued an Order granting Defendants' Motion to Dismiss. Judgment in favor of Defendants was entered on August 30, and this case was closed.