The law firm of Kirby McInerney LLP announced today that a class action lawsuit has been filed in the United States District Court for the Southern District of Texas against Flotek Industries Inc. ("Flotek" or the "Company") (NYSE:FTK) on behalf of all persons or entities who acquired Flotek securities during the period from October 23, 2014 through November 9, 2015 (the "Class Period"). Pursuant to applicable law, investors have until January 11, 2016 to file a motion to be appointed as lead plaintiff in the investor lawsuit.

The lawsuit alleges that throughout the Class Period, the Company issued materially false and misleading statements to investors regarding its proprietary software application FracMax. On November 9, 2015, an analyst firm published a report stating that the information released in a Company presentation on September 11, 2015 was inaccurate and that an available version of FracMax did not work. On this news, Flotek’s stock price declined from $18.10 to $14.60 per share. On November 10, 2015, the Company issued a press release admitting some of its errors. In reaction, the stock price declined further to $9.04 per share.

If you acquired Flotek securities during the Class Period and you are interested in learning more about this matter and any rights you might have with respect to these claims, contact Rona Li at securitiescases@kmllp.com, or by telephone at (212) 371-6600. Please bear in mind that some of these rights may be time-sensitive.

Kirby McInerney LLP is a New York-based plaintiffs' law firm concentrating in securities, whistleblower, antitrust and consumer litigation. The firm has specialized in complex litigation, including securities class actions, for several decades. Kirby McInerney LLP has repeatedly demonstrated its expertise in this field, and has been recognized by various courts that have appointed the firm to major positions in consolidated and multi-district litigation. The firm's efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars, and the firm's achievements and quality of service have been chronicled in numerous published decisions. Additional information about the firm or the claims against Shiloh Industries, Inc. can be found at Kirby McInerney LLP's website: http://www.kmllp.com.

Kirby McInerney LLPRona Li, 212-371-6600securitiescases@kmllp.com

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