Investigation Overview
March 11, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Clean Energy Fuels Corp (NASDAQ:CLNE) was announced over potential breaches of fiduciary duties by certain officers and directors at Clean Energy Fuels.
The investigation by a law firm concerns whether certain Clean Energy Fuels Corp (NASDAQ:CLNE officers and directors breached their fiduciary duties.
Clean Energy Fuels Corp reported that its annual Total Revenue declined from $428.94 million in 2014 to $384.32 million in 2015 and that its Net Loss increased from $89.66 million in 2014 to $134.24 million in 2015.
Shares of Clean Energy Fuels Corp (NASDAQ:CLNE) declined from $10.27 per share in May 2015 to as low as $2.15 per share on February 9, 2016.