Flotek Industries, Inc. (NYSE: FTK) Securities Class Action

USDC – Southern District of New York

september 1, 2026

CLASS PERIOD: august 3, 2026 – august 17, 2026
LEAD PLAINTIFF DEADLINE: october 26, 2026

Please complete the form below to contact Kaplan Fox regarding the Flotek Industries class action:

Principal Contacts

About the Flotek Industries class action lawsuit

A securities class action has been filed against Flotek Industries, Inc. (NYSE: FTK) on behalf of investors who purchased or otherwise acquired Flotek securities between August 3, 2026 and August 17, 2026 (the “Class Period”). The case was filed in the U.S. District Court for the Southern District of New York.

Investors who want to ask the court to appoint them lead plaintiff must do so by October 26, 2026. If you invested in Flotek during the Class Period and lost money, contact Kaplan Fox using the form on this page, by emailing pmayer@kaplanfox.com, or by calling (646) 315-9003.

What the lawsuit alleges

The complaint alleges, among other things, that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that “(1) that there were credible reasons to doubt the experience, organization, and financial capacity of the consortium parties for PREPA’s power generation project; (2) that, as a result, there was a risk that revenue from the PREPA contract would not be realized; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.”

What happened to Flotek Industries stock

On August 3, 2026, according to the complaint, Flotek announced it was awarded a 10-year agreement to support a 400 MW natural gas-fired power generation project for the Puerto Rico Electric Power Authority (“PREPA”) to help address the island’s ongoing energy crisis.

Then on August 17, 2026, according to the complaint, at approximately 1:20 pm EST, Wolfpack Research published a report alleging Flotek’s “$400 million contract with PREPA, accounting for ~57% of FTK’s backlog, has been canceled.” On this news, the price of Flotek stock fell $7.17 per share, or 20%, to close at $28.66 per share on August 17, 2026.

Who may be eligible

The proposed class includes investors who purchased or otherwise acquired Flotek securities between August 3, 2026 and August 17, 2026. If you bought during that period and lost money, you may be a member of the class.

Lead plaintiff deadline: October 26, 2026

A lead plaintiff is an investor the court appoints to represent the class and oversee the case on its behalf. Class members who want to serve in that role must move the court no later than October 26, 2026. You need not seek to become a lead plaintiff in order to share in any possible recovery. If you have losses, contact us to learn more about the lead plaintiff process.

Case updates

• October 26, 2026: Deadline to ask the court to be appointed lead plaintiff.

Frequently asked questions

Do I have to become lead plaintiff to recover?

No. You need not seek to become a lead plaintiff in order to share in any possible recovery.

What if I bought Flotek outside the Class Period?

The complaint as filed covers purchases between August 3, 2026 and August 17, 2026. Contact us if you are not sure whether your purchases qualify.

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation’s premier plaintiffs’ securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

CONTACT:

Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003
pmayer@kaplanfox.com

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1501
Oakland, California 94612
(415) 772-4704
lking@kaplanfox.com