INVESTOR ALERT: Khang & Khang LLP Announces an Investigation of Claims against Flotek Industries Inc. & Advises Investors to ...
November 16 2015 - 5:15AM
Business Wire
Khang & Khang LLP announces that it is investigating claims
of potential misrepresentations by Flotek Industries Inc. (“Flotek”
or the “Company”) (NYSE: FTK). The investigation focuses on whether
the Company and its officers violated securities laws by issuing
misleading information to investors.
If you purchased shares of Flotek during the Class Period,
please contact Joon M. Khang, Esquire, of Khang & Khang, 18101
Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949)
419-3834, or by email at joon@khanglaw.com.
There has been no class certification in this case. Until
certification occurs, you are not represented by an attorney. You
may choose to take no action and remain a passive class member.
The investigation concerns whether the Company violated Sections
10(b) and 20(a) of the Securities Exchange Act of 1934.
Specifically, the investigation will focus on the Bronte Capital
report, which asserts, among other things, that Flotek Industries’
previously presented data “looks like it was made up or at least
systematically rigged.” When the truth was revealed, shares dropped
causing investors harm.
If you wish to learn more about this lawsuit, or if
you have any questions concerning this notice or your rights,
please contact Joon M. Khang, a prominent litigator for almost two
decades, by telephone: (949) 419-3834, or by email at
joon@khanglaw.com.
This press release may constitute Attorney Advertising in some
jurisdictions.
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version on businesswire.com: http://www.businesswire.com/news/home/20151116005515/en/
KHANG & KHANG LLPJoon M. Khang, Esq.Telephone:
949-419-3834Facsimile: 949-225-4474joon@khanglaw.com
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