SHAREHOLDER NOTICE: Goldberg Law PC Files Securities Class Action Lawsuit Against Flotek Industries Inc. And Strongly Encoura...
November 12 2015 - 10:31PM
Business Wire
Goldberg Law PC (www.Goldberglawpc.com) announces that it has
filed a class action lawsuit against Flotek Industries Inc.
(“Flotek” or the “Company”) (NYSE: FTK). Investors who purchased or
otherwise acquired shares between October 23, 2014 and November 9,
2015, inclusive (the “Class Period”), are encouraged to contact the
Firm in advance of the January 11, 2016, lead plaintiff motion
deadline.
If you are a shareholder who suffered a loss during the Class
Period, we advise you to contact Michael Goldberg or Brian Schall,
of Goldberg Law PC, 13650 Marina Pointe Dr. Suite 1404, Marina Del
Rey, CA 90292, at 800-977-7401, to discuss your rights without cost
to you. You can also reach us through the firm’s website at
http://www.Goldberglawpc.com, or by email at
info@goldberglawpc.com.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member.
According to the complaint, the Company issued misleading
statements to investors and/or failed to disclose that: (a) the
Company’s proprietary software application—FracMax—had data and
process problems; and (2) the reported production data from FracMax
for three of the wells in the Company’s New York City Investor
Presentation on September 11, 2015 were inaccurate. When the truth
was revealed, shares dropped causing investors harm.
If you have any questions concerning your legal rights in this
case, please immediately contact Goldberg Law PC at 800-977-7401,
via email at info@goldberglawpc.com, or visit our website at
Goldberglawpc.com.
Goldberg Law PC represents shareholders around the world and
specializes in securities class actions and shareholder rights
litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20151112006806/en/
Goldberg Law PC, Los AngelesMichael Goldberg, Esq.
800-977-7401Brian Schall, Esq.
800-977-7401info@goldberglawpc.com
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