Pomerantz LLP announced a securities class action against Flotek Industries, Inc. over alleged securities fraud or other unlawful business practices, while Kuehn Law, PLLC is investigating whether certain officers and directors breached shareholder duties. The actions concern Flotek’s 10-year agreement to support a 400 MW natural gas-fired project for the Puerto Rico Electric Power Authority (PREPA), which Flotek said could create an approximately $400 million revenue backlog. Wolfpack Research later alleged that the contract had been canceled and questioned Flotek’s substitution for Enchanted Rock, LLC in the broader $6 billion PREPA deal. Flotek said it had not received a formal termination notice and that its participation remained subject to resolution of the matter. Investors have until October 26, 2026, to seek Lead Plaintiff appointment in the class action, while Kuehn Law is seeking shareholders who purchased FTK before August 3, 2026.