{"id":997342,"date":"2026-08-23T10:42:05","date_gmt":"2026-08-23T14:42:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ftk-investors-have-opportunity-to-join-flotek-industries-inc-fraud-investigation-with-sbs-law\/"},"modified":"2026-08-23T10:42:05","modified_gmt":"2026-08-23T14:42:05","slug":"ftk-investors-have-opportunity-to-join-flotek-industries-inc-fraud-investigation-with-sbs-law","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ftk-investors-have-opportunity-to-join-flotek-industries-inc-fraud-investigation-with-sbs-law\/","title":{"rendered":"FTK Investors Have Opportunity to Join Flotek Industries, Inc. Fraud Investigation with SBS Law"},"content":{"rendered":"

<\/p>\n

FTK Investors Have Opportunity to Join Flotek Industries, Inc. Fraud Investigation with SBS Law<\/b><\/p>\n

LOS ANGELES–(BUSINESS WIRE<\/a>)–Schall, Brown & Schwartz<\/a> LLP (\u201cSBS\u201d), a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Flotek Industries, Inc. (\u201cFlotek\u201d or \u201cthe Company\u201d) (NYSE: FTK<\/a>) for violations of the securities laws.<\/p>\n

INVESTIGATION DETAILS: <\/b>The investigation focuses on whether the Company issued false and\/or misleading statements and\/or failed to disclose information pertinent to investors. Flotek is the subject of a report published by Wolfpack Research on August 17, 2026. According to the report, the Company has \u201cyet to disclose to investors that their $400 million contract with the Puerto Rico Electric Power Authority (PREPA), accounting for ~57% of FTK’s backlog, has been canceled.\u201d Wolfpack further alleges that a \u201cfederally appointed financial regulator revoked its authorization over the deal due to an apparent unauthorized signature and referred the matter for criminal prosecution.\u201d Based on this news, shares of Flotek fell by more than 20% on the same day.<\/p>\n

\nIf you are a shareholder who suffered a loss, click here to participate<\/a>.<\/p>\n

\nWe also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com<\/a>, or by email at david@schallfirm.com<\/a>.<\/p>\n

WHY SBS?<\/b> Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.<\/p>\n

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260823846418\/en\/<\/a><\/span><\/p>\n

\nSchall, Brown & Schwartz LLP
\n
Brian Schall, Esq.,
\n
Andrew Brown, Esq.,
\n
David Schwartz, Esq.,
\n
www.schallfirm.com
\n<\/a>
Office: 310-301-3335
\n
info@schallfirm.com<\/a><\/p>\n

KEYWORDS:<\/b> California United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Class Action Lawsuit Professional Services Legal<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

FTK Investors Have Opportunity to Join Flotek Industries, Inc. Fraud Investigation with SBS Law LOS ANGELES–(BUSINESS WIRE)–Schall, Brown & Schwartz LLP (\u201cSBS\u201d), a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Flotek Industries, Inc. (\u201cFlotek\u201d or \u201cthe Company\u201d) (NYSE: FTK) for violations of the securities laws. INVESTIGATION DETAILS: The investigation focuses on whether the Company issued false and\/or misleading statements and\/or failed to disclose information pertinent to investors. Flotek is the subject of a report published by Wolfpack Research on August 17, 2026. According to the report, the Company has \u201cyet to disclose to investors that their $400 million contract with the Puerto Rico Electric Power Authority (PREPA), accounting for ~57% of … <\/p>\n

Continue reading “FTK Investors Have Opportunity to Join Flotek Industries, Inc. Fraud Investigation with SBS Law”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-997342","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFTK Investors Have Opportunity to Join Flotek Industries, Inc. 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(\u201cFlotek\u201d or \u201cthe Company\u201d) (NYSE: FTK) for violations of the securities laws. INVESTIGATION DETAILS: The investigation focuses on whether the Company issued false and\/or misleading statements and\/or failed to disclose information pertinent to investors. Flotek is the subject of a report published by Wolfpack Research on August 17, 2026. According to the report, the Company has \u201cyet to disclose to investors that their $400 million contract with the Puerto Rico Electric Power Authority (PREPA), accounting for ~57% of … Continue reading "FTK Investors Have Opportunity to Join Flotek Industries, Inc. 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