Investors Have Until October 26 To Lead Flotek Fraud Class Action

LOS ANGELES, Sept. 1, 2026 /CourierPR/ -- Investors who have suffered financial losses due to alleged securities fraud in Flotek Industries, Inc. (FTK) are being given an opportunity to lead a class action lawsuit against the company. The deadline to participate as a lead plaintiff is October 26, 2026.

According to the complaint filed in this class action, between August 3, 2026, and August 17, 2026, Flotek's management is alleged to have made misleading statements about the company's business, operations, and prospects. Specifically, the complaint alleges that the company failed to disclose material information about the risks associated with its PREPA power generation project.

The lawsuit claims that the company failed to inform investors that there were credible doubts about the experience, organization, and financial capacity of the consortium parties involved in the project. This, the complaint argues, created a significant risk that revenue from the PREPA contract might not materialize. As a result, the company's positive statements about its future prospects were allegedly misleading and lacked a reasonable basis.

Those interested in participating in the lawsuit are encouraged to act quickly. The Law Offices of Frank R. Cruz is urging investors who have lost money to contact the firm before the October 26, 2026, deadline.

If you are an investor who believes you have been affected by the alleged misconduct, you can contact the law firm at the following:

The firm advises that if you wish to inquire, you should include your mailing address, telephone number, and the number of shares you purchased.

If you do not wish to take any immediate action, you can remain an absent member of the class action. The firm notes that legal representation is not required, and you can choose to retain counsel of your own choosing or take no action at all.

This press release is considered attorney advertising and may be subject to the laws and ethical rules of certain jurisdictions.