Flotek Industries Shareholders Invited to Lead Securities Fraud Lawsuit

Shareholders who experienced financial losses on their investments in Flotek Industries, Inc. (FTK) now have an opportunity to lead a securities fraud class action lawsuit against the company. The lawsuit, announced by Glancy Prongay Wolke & Rotter LLP, alleges that the company made materially false and misleading statements between August 3 and August 17, 2026.

The complaint claims that Flotek Industries and its representatives failed to disclose crucial information about the company's business operations and future outlook. Specifically, the allegations focus on the company's revenue expectations from a power generation project contract with PREPA. The suit contends that defendants did not disclose credible reasons to doubt the experience, organization, or financial capacity of the consortium parties involved, thereby jeopardizing the realization of expected revenue.

Investors who suffered losses in Flotek Industries stock during the specified period are encouraged to contact Glancy Prongay Wolke & Rotter LLP by October 26, 2026. This date marks the deadline for potential lead plaintiffs to file with the Court. The law firm notes that investors have the right to select their own counsel and that choosing not to act will result in remaining an absent class member if the class is certified.

Glancy Prongay Wolke & Rotter LLP is a law firm specializing in investor rights and has experience in complex securities litigation. The firm stated its aim is to assist investors in potentially recovering their losses. While the lawsuit is in its early stages, it seeks to address alleged misrepresentations made to investors during the class period.