NEW YORK, Oct. 24, 2014 (GLOBE NEWSWIRE) -- The Rosen Law Firm announces that it has filed a class action lawsuit against Blue Earth Inc. (Nasdaq:BBLU) on behalf of purchasers of Blue Earth common stock from October 7, 2013 through October 21, 2014, inclusive. The lawsuit seeks to recover damages for Blue Earth shareholders under the federal securities laws.

To join the Blue Earth class action, go to the website at http://rosenlegal.com/cases-406.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.   The suit is pending in U.S. District Court for the Central District of California.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

According to the lawsuit, Blue Earth 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. When this news was disclosed on October 21, 2014, shares of Blue Earth fell over 50%, damaging investors.

A class action lawsuit has already been filed.  If you wish to serve as lead plaintiff, you must move the Court no later than December 23, 2014. If you wish to join the litigation go to http://rosenlegal.com/cases-406.html or to discuss your rights or interests regarding this class action, please contact, Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

CONTACT: Laurence Rosen, Esq.
         Phillip Kim, Esq.
         Kevin Chan, Esq.
         The Rosen Law Firm, P.A.
         275 Madison Avenue 34th Floor
         New York, New York 10016
         Tel:  (212) 686-1060
         Toll Free: 1-866-767-3653
         Fax: (212) 202-3827
         lrosen@rosenlegal.com
         pkim@rosenlegal.com
         kchan@rosenlegal.com
         www.rosenlegal.com