◆ NeutralFTK

INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Flotek Industries, Inc. of Class Action Lawsuit and Upcoming Deadlines – FTK

GlobeNewswire Inc.·
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Flotek Industries, Inc. of Class Action Lawsuit and Upcoming Deadlines – FTK

Pomerantz Law Firm has filed a class action lawsuit against Flotek Industries (NYSE: FTK) alleging securities fraud. The lawsuit stems from Flotek's announcement of a $400M contract with Puerto Rico's Electric Power Authority (PREPA) on August 3, 2026, which was subsequently canceled on August 18, 2026. Wolfpack Research reported that the contract was terminated due to unauthorized use of another contractor's signature and federal regulatory concerns. Flotek's stock fell 20.01% on August 17 and an additional 5.72% on August 18. Investors have until October 26, 2026, to request Lead Plaintiff status.

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