Why is Flotek Industries facing a securities class action lawsuit?

Investors allege Flotek made misleading statements about the PREPA power generation project, including the capabilities of consortium parties and the likelihood that related contract revenue would be realized.

What are the allegations against Flotek Industries?

The complaint alleges Flotek failed to disclose credible concerns about the experience, organization, and financial capacity of parties involved in the PREPA project.

What is the PREPA contract mentioned in the Flotek Industries lawsuit?

The lawsuit concerns Flotek’s anticipated revenue connected to a power generation project involving the Puerto Rico Electric Power Authority (PREPA).

Why is the PREPA project important to Flotek investors?

The complaint alleges investors were not adequately informed about risks that could prevent Flotek from realizing expected revenue from the PREPA project.

What did Flotek allegedly fail to disclose about the PREPA consortium?

Plaintiffs allege Flotek failed to disclose credible reasons to doubt the consortium parties’ experience, organization, and financial capacity.

What are investors alleging about Flotek’s expected PREPA revenue?

The complaint alleges there was a material risk that anticipated revenue related to the PREPA contract would not be realized.

Why does counterparty financial capacity matter to Flotek investors?

A counterparty’s financial capacity can affect its ability to fulfill contractual obligations, potentially affecting expected revenue and financial performance.

What are investors alleging about Flotek’s public statements?

Plaintiffs claim Flotek’s positive statements about its business, operations, and prospects were misleading or lacked a reasonable basis.

How could problems with the PREPA project affect Flotek Industries?

Problems involving project participants could prevent or delay anticipated contract revenue and negatively affect Flotek’s financial outlook.

Who may qualify to participate in the Flotek Industries class action?

Investors who purchased or acquired Flotek Industries (NYSE: FTK) securities between August 3, 2026 and August 17, 2026 may be eligible if they suffered losses.

What is the deadline to seek lead plaintiff status in the Flotek Industries lawsuit?

Eligible investors seeking appointment as lead plaintiff must file a motion with the court by October 26, 2026.

What is a securities class action lawsuit?

A securities class action allows investors to collectively pursue claims based on alleged material misstatements, misleading disclosures, or omissions.

What does the class period mean in a securities class action?

The class period identifies the timeframe during which alleged misleading statements occurred and qualifying investors purchased or acquired securities.

What is a lead plaintiff in a securities class action?

A lead plaintiff is an investor appointed by the court to represent the proposed class and help oversee the litigation on behalf of class members.

Do investors need to become lead plaintiff to participate in a potential recovery?

No. Eligible investors generally do not need to serve as lead plaintiff to participate in a potential settlement or other recovery.

Flotek Industries, Inc. - Faruqi & Faruqi LLP

Flotek Industries, Inc.

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Case Details

Ticker FTK

Class Period 08/03/2026 - 08/17/2026

Lead Plaintiff Deadline 10/26/2026

Days Left to Seek Lead Plaintiff

If you are a Flotek Technologies investor who suffered a loss and would like to learn more, you can provide your information below:

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Company Short Name To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Flotek between August 3, 2026 and August 17, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) and reminds investors of the October 26, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) that there were credible reasons to doubt the experience, organization, and financial capacity of the consortium parties for PREPA’s power generation project; (2) that, as a result, there was a risk that revenue from the PREPA contract would not be realized; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Lead Plaintiff Deadline: October 26, 2026

Call Partner Josh Wilson at 877-247-4292 or 212-983-9330 (Ext. 1310)
Or submit your information below to learn about your rights.

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