IMPORTANT INVESTOR NOTICE: Lundin Law PC Announces Securities Class Action Lawsuit Against Flotek Industries, Inc. And Encour...
November 24 2015 - 11:08PM
Business Wire
Lundin Law PC announces a class action lawsuit has been filed in
the USDC for the Southern District of Texas against Flotek
Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) concerning
possible violations of federal securities laws between October 23,
2014 and November 9, 2015. Investors who purchased or otherwise
acquired shares during the Class Period should contact the Firm in
advance of the January 11, 2016, lead plaintiff motion
deadline.
To join this class action lawsuit, please contact Brian Lundin,
Esquire, of Lundin Law PC, at 888-713-1033, or via e-mail at
brian@lundinlawpc.com.
According to the lawsuit, the Company made materially false and
misleading statements to investors and/or failed to disclose that:
(1) Floteks’ proprietary software application—FracMax—had data and
process errors; (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; and (3) an
application from the Company claiming to be FracMax available in
the Apple iTunes Store does not work.
No class has been certified in the above action. Until a class
is certified, you are not considered represented by an attorney.
You may also choose to do nothing and be an absent class
member.
Lundin Law PC was created by Brian Lundin, a securities
litigator based in Los Angeles.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151124006386/en/
Lundin Law PCBrian Lundin, Esq.Telephone: 888-713-1033Facsimile:
888-713-1125brian@lundinlaw.com
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