UPCOMING DEADLINE: Levi & Korsinsky, LLP Reminds Shareholders of Flotek Industries Inc. of Pendency of Class Action Lawsuit &...
January 07 2016 - 10:01AM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired securities of Flotek Industries Inc. (“Flotek”)
(NYSE:FTK) between October 23, 2014
and November 9, 2015.
You are hereby notified that a securities class action
lawsuit has been commenced in the USDC for the Southern District of
Texas. If you purchased or otherwise acquired Flotek between
October 23, 2014 and November 9, 2015, your rights may be affected
by this action. To get more information go to:
http://zlk.9nl.com/flotek-industries-ftk
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972. There is no cost or obligation to you.
According to the complaint, throughout the Class Period
defendants issued materially false and misleading statements to
investors and/or failed to disclose that: (1) Flotek’s 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; (3) an application from the Company claiming to be
FracMax available in the Apple iTunes Store does not work; and (4)
as a result of the foregoing, the Company’s public statements were
materially false and misleading at all relevant times.
If you suffered a loss in Flotek you have until
January 11, 2016 to request that
the Court appoint you as lead plaintiff. Your ability to share in
any recovery doesn’t require that you serve as a lead
plaintiff.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience
representing investors in securities litigation involving financial
fraud, and have recovered hundreds of millions of dollars for
aggrieved shareholders. Attorney advertising. Prior results do not
guarantee similar outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20160107005805/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq., 212-363-7500Toll
Free: 877-363-5972Fax: 212-363-7171www.zlk.com
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