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SueWallSt Reminds Shareholders of a Lead Plaintiff Deadline of October 26, 2026 in Flotek Industries, Inc. Lawsuit – FTK

FTK
  • SueWallSt notifies investors that Flotek Industries, Inc. (NYSE: FTK) CEO Ryan Ezell & CFO Bond Clement are named as individual defendants in a securities class action covering purchases between August 3, 2026 & August 17, 2026.
  • The lawsuit is pending in the United States District Court for the Southern District of New York under Sections 10(b), 20(a), & Rule 10b-5 of the Securities Exchange Act of 1934.
  • FTK shares fell 29.75% from $35.83 on August 14, 2026 to $25.17 on August 19, 2026 following the disclosure of a PREPA contract termination.
  • The complaint alleges the officers controlled misleading statements regarding a $400 million PREPA contract & a Q2 2026 Form 10-Q that omitted known doubts about the consortium's financial capacity.
  • The PREPA contract represented approximately 57% of the company's backlog before being terminated effective immediately.
  • Officers are accused of personal liability under Sarbanes-Oxley Sections 302 & 906 for certifying inaccurate periodic disclosures.
  • The deadline to apply for lead plaintiff status is October 26, 2026.
  • Levi & Korsinsky LLP represents the investors, with contact available via jlevi@SueWallSt.com or (888) SueWallSt.
  • Eligibility is based on purchases during the class period, regardless of whether shares were sold at a loss or are still held.
  • Participation involves no upfront costs, as the firm handles the case on a contingency basis subject to court approval.