
FTK Investors Have Opportunity to Lead Flotek Industries, Inc. Securities Fraud Lawsuit
PRNewsWire
Published: Sep 01, 2026, 03:20 AM GMT+9
Sentiment Analysis
Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Flotek Industries, Inc. (NYSE: FTK) between August 3, 2026 and August 17, 2026, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 26, 2026. If you purchased Flotek securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. To join the Flotek class action, go to https://rosenlegal.com/cases/flotek-industries-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 26, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) there were credible reasons to doubt the experience, organization, and financial capacity of the consortium parties for the Puerto Rico Electric Power Authority's ("PREPA") power generation project; (2) as a result, there was a risk that revenue from the PREPA contract would not be realized; and (3) as a result of the foregoing, defendants' positive statements about Flotek's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Flotek class action, go to https://rosenlegal.com/cases/flotek-industries-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
Source: PRNewsWire
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