An investigation on behalf of investors of Baker Hughes, a GE company (NYSE: BHGE) shares over potential securities laws violations by Baker Hughes, a GE company and certain of its directors and officers in connection with certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Baker Hughes, a GE company (NYSE: BHGE) concerning whether a series of statements by Baker Hughes, a GE company regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

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 $27.36 per share on October 24, 2018.