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Bronstein, Gewirtz & Grossman LLC Urges Flotek Industries, Inc. Investors to Act: Class Action Filed Alleging Investor Harm

GlobeNewswire Inc.·
Bronstein, Gewirtz & Grossman LLC Urges Flotek Industries, Inc. Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against Flotek Industries, Inc. (NYSE: FTK) alleging securities fraud. The complaint claims defendants made materially false statements regarding a PREPA power generation project contract, failing to disclose credible doubts about the consortium parties' experience and financial capacity, which created risk that projected revenues would not materialize.

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