A class action lawsuit has been filed against Flotek Industries, Inc. (NYSE: FTK) alleging that company executives made materially false and misleading statements regarding a PREPA power generation project contract. The complaint claims defendants failed to disclose credible doubts about the consortium parties' experience and financial capacity, putting revenue realization at risk. Investors who purchased Flotek securities between August 3-17, 2026 are encouraged to join the case, with a lead plaintiff deadline of October 26, 2026.
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Flotek Industries, Inc. · NYSE
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News ›A class action lawsuit has been filed against Flotek Industries, Inc. (NYSE: FTK) alleging securities fraud. The complaint claims defendants made materially false statements about the company's business and failed to disclose credible doubts regarding the experience and financial capacity of consortium parties involved in a PREPA power generation project, creating risk that projected revenues would not materialize. Investors who purchased Flotek securities between August 3-17, 2026 are encouraged to join the case, with a lead plaintiff deadline of October 26, 2026.
Rosen Law Firm is reminding Flotek Industries investors who purchased securities between August 3-17, 2026 of the October 26, 2026 lead plaintiff deadline in an ongoing securities class action. The lawsuit alleges that Flotek made materially false statements regarding a Puerto Rico Electric Power Authority contract, failing to disclose credible doubts about the consortium's capacity to execute the project, which posed risks to revenue realization.
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