Flotek faces securities class action over alleged PREPA project disclosures

  • Flotek faces a securities class action in the Southern District of New York.
  • The class period runs from August 3 through August 17, 2026.
  • Investors have until October 26, 2026, to seek lead-plaintiff appointment.

Flotek Industries faces a securities class action filed in the United States District Court for the Southern District of New York on behalf of investors who purchased or acquired Flotek securities from August 3, 2026, through August 17, 2026. The complaint alleges that Flotek and its executives violated federal securities laws by failing to disclose credible concerns about the experience, organization and financial capacity of consortium parties involved in PREPA's power generation project. It further alleges that those issues created a risk that revenue from the contract would not be realized, making the company's positive statements about its business, operations and prospects materially misleading or lacking a reasonable basis. Investors have until October 26, 2026, to apply to become lead plaintiff. Bragar Eagel & Squire partners Brandon Walker and Melissa Fortunato are offering consultations at no cost or obligation.

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