Flotek investors given until Oct. 26 to seek lead-plaintiff role

  • The Law Offices of Frank R. Cruz announced a securities fraud class action involving Flotek investors.
  • Investors must act by October 26, 2026, to seek appointment as lead plaintiff.
  • The complaint covers alleged statements and omissions between August 3 and August 17, 2026.

Investors who lost money in Flotek Industries, Inc. (FTK) have until October 26, 2026, to seek appointment as lead plaintiff in an ongoing securities fraud class action. The complaint alleges that, between August 3 and August 17, 2026, defendants made materially false or misleading statements and failed to disclose adverse facts about the company's business, operations and prospects. It specifically alleges that investors were not told about credible concerns over the experience, organization and financial capacity of consortium parties involved in PREPA's power generation project, creating a risk that contract revenue would not be realized. Investors do not need to act to remain absent class members and may retain counsel of their choice or take no action.

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Flotek investors given until Oct. 26 to seek lead-plaintiff role - CoinPost Terminal