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 e-mail 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 e-mail
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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