{"success":true,"data":{"pressRelease":{"id":"144174","rtpr_id":"nGNX9bLV54-20260915","ticker":"FTK","exchange":"NYSE","all_tickers":["FTK"],"title":"FTK Investors Have Opportunity to Lead Flotek Industries, Inc. Securities Fraud Lawsuit with SBS Law","author":"Globe Newswire","published_at":"2026-09-15T14:14:30.101Z","article_body":"LOS ANGELES, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Schall, Brown & Schwartz LLP\n(https://www.globenewswire.com/Tracker?data=qCDnYiKH9Qby5QRq0BQ23g-BTm4sbWteJSTTxBQvHvqPdlg7LdTphD8Rh_GRMmveuTOCIVwf7Oz0Bk4ZnYJa-ya_7lBEGVkbRegSIJvjWIMzy4lZsN-bJEAPxOqOFM2y)\n(“SBS”), a national shareholder rights litigation firm, reminds investors\nof a class action lawsuit against Flotek Industries, Inc. (“Flotek” or\n“the Company”) (NYSE: FTK\n(https://www.globenewswire.com/Tracker?data=EDdwRVyF0-KpR1AhGgbesExVNLuMkIu4qUlVkev7k5mvFKZG_XJGT4eWXM1xbrNW_n9HgxwKgRz7sMCtzfpgvuuvMzpnQ67Z-vBmp7Q3zwM=))\nfor violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934\nand Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange\nCommission.\n\nShareholders who purchased shares of FTK during the class period listed are\nencouraged to contact the firm regarding possible lead plaintiff appointments.\nAppointment as lead plaintiff is not required to partake in any recovery.\n\nCLASS PERIOD: August 3, 2026 to August 17, 2026\n\nDEADLINE: October 26, 2026\n\nIf you are a shareholder who suffered a loss, click here to participate\n(https://www.globenewswire.com/Tracker?data=cxS4e8tz63NtBIMhUHtvRo-MpESwms5zDlz-wdmqm2asLHaLF1H6N2kwuaiPhj1NQI5OWBpkhmeQRlKmzxVQrbbDF4EN0ozCxkEtJQ4FI3AyUhgm9MYI7gr8KXcnx6Pusi6Qao4JjRhKkIkwJZ3I3A==).\n\nCASE DETAILS: According to the Complaint, the Company made false and\nmisleading statements to the market. Flotek’s power generation project with\nthe Puerto Rico Electric Power Authority (“PREPA”) suffered from credible\ndoubts about PREPA’s financial capacity and organizational ability to\ncomplete the work. The Company suffered from risks related to the revenue from\nits PREPA contract. Based on these facts, the Company’s public statements\nwere false and materially misleading throughout the class period. When the\nmarket learned the truth about Flotek, investors suffered damages.\n\nWe also encourage you to contact Brian Schall or David Schwartz of Schall,\nBrown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA\n90067, at 310-301-3335, to discuss your rights free of charge. You can also\nreach us through the firm's website at www.schallfirm.com, or by email\nat david@schallfirm.com.\n\nThe class, in this case, has not yet been certified, and until certification\noccurs, you are not represented by an attorney. If you choose to take no\naction, you can remain an absent class member.\n\nJoin the case\n(https://www.globenewswire.com/Tracker?data=g58n7ZErhuJBHuIpfTJ8xS0rhjDCvraumv8hQ8GyBpB1ETxyjIVVxUhy1ziyJmtHjEX1bgPng-qWQ3LJok8-_BPQX2oDhckvV17GSPqnQaaoznwKo72ZmpJC_-sTSrSF)\nto recover your losses\n\nWHY SBS? Schall, Brown & Schwartz LLP represents investors around the world\nand specializes in securities class action lawsuits and shareholder rights\nlitigation. Bringing together the extensive experience and diverse skillsets\nof founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is\ndedicated to aggressively advocating for every investor.\n\nThis press release may be considered Attorney Advertising in some\njurisdictions under the applicable law and rules of ethics.        \n\nCONTACT:\n\nSchall, Brown & Schwartz LLP\nBrian Schall, Esq.,\nAndrew Brown, Esq.,\nDavid Schwartz, Esq.,\nwww.schallfirm.com\nOffice: 310-301-3335\ninfo@schallfirm.com\n\nSOURCE:\n\n Schall, Brown & Schwartz LLP\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/0b1ae5f6-3843-4b48-9c73-0b3760ba856a)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX9bLV54-20260915","title":"FTK Investors Have Opportunity to Lead Flotek Industries, Inc. Securities Fraud Lawsuit with SBS Law","author":"Globe Newswire","ticker":"FTK","created":"2026-09-15T14:14:30.101Z","tickers":["FTK"],"exchange":"NYSE","article_body":"LOS ANGELES, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Schall, Brown & Schwartz LLP\n(https://www.globenewswire.com/Tracker?data=qCDnYiKH9Qby5QRq0BQ23g-BTm4sbWteJSTTxBQvHvqPdlg7LdTphD8Rh_GRMmveuTOCIVwf7Oz0Bk4ZnYJa-ya_7lBEGVkbRegSIJvjWIMzy4lZsN-bJEAPxOqOFM2y)\n(“SBS”), a national shareholder rights litigation firm, reminds investors\nof a class action lawsuit against Flotek Industries, Inc. (“Flotek” or\n“the Company”) (NYSE: FTK\n(https://www.globenewswire.com/Tracker?data=EDdwRVyF0-KpR1AhGgbesExVNLuMkIu4qUlVkev7k5mvFKZG_XJGT4eWXM1xbrNW_n9HgxwKgRz7sMCtzfpgvuuvMzpnQ67Z-vBmp7Q3zwM=))\nfor violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934\nand Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange\nCommission.\n\nShareholders who purchased shares of FTK during the class period listed are\nencouraged to contact the firm regarding possible lead plaintiff appointments.\nAppointment as lead plaintiff is not required to partake in any recovery.\n\nCLASS PERIOD: August 3, 2026 to August 17, 2026\n\nDEADLINE: October 26, 2026\n\nIf you are a shareholder who suffered a loss, click here to participate\n(https://www.globenewswire.com/Tracker?data=cxS4e8tz63NtBIMhUHtvRo-MpESwms5zDlz-wdmqm2asLHaLF1H6N2kwuaiPhj1NQI5OWBpkhmeQRlKmzxVQrbbDF4EN0ozCxkEtJQ4FI3AyUhgm9MYI7gr8KXcnx6Pusi6Qao4JjRhKkIkwJZ3I3A==).\n\nCASE DETAILS: According to the Complaint, the Company made false and\nmisleading statements to the market. Flotek’s power generation project with\nthe Puerto Rico Electric Power Authority (“PREPA”) suffered from credible\ndoubts about PREPA’s financial capacity and organizational ability to\ncomplete the work. The Company suffered from risks related to the revenue from\nits PREPA contract. Based on these facts, the Company’s public statements\nwere false and materially misleading throughout the class period. When the\nmarket learned the truth about Flotek, investors suffered damages.\n\nWe also encourage you to contact Brian Schall or David Schwartz of Schall,\nBrown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA\n90067, at 310-301-3335, to discuss your rights free of charge. You can also\nreach us through the firm's website at www.schallfirm.com, or by email\nat david@schallfirm.com.\n\nThe class, in this case, has not yet been certified, and until certification\noccurs, you are not represented by an attorney. If you choose to take no\naction, you can remain an absent class member.\n\nJoin the case\n(https://www.globenewswire.com/Tracker?data=g58n7ZErhuJBHuIpfTJ8xS0rhjDCvraumv8hQ8GyBpB1ETxyjIVVxUhy1ziyJmtHjEX1bgPng-qWQ3LJok8-_BPQX2oDhckvV17GSPqnQaaoznwKo72ZmpJC_-sTSrSF)\nto recover your losses\n\nWHY SBS? Schall, Brown & Schwartz LLP represents investors around the world\nand specializes in securities class action lawsuits and shareholder rights\nlitigation. Bringing together the extensive experience and diverse skillsets\nof founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is\ndedicated to aggressively advocating for every investor.\n\nThis press release may be considered Attorney Advertising in some\njurisdictions under the applicable law and rules of ethics.        \n\nCONTACT:\n\nSchall, Brown & Schwartz LLP\nBrian Schall, Esq.,\nAndrew Brown, Esq.,\nDavid Schwartz, Esq.,\nwww.schallfirm.com\nOffice: 310-301-3335\ninfo@schallfirm.com\n\nSOURCE:\n\n Schall, Brown & Schwartz LLP\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/0b1ae5f6-3843-4b48-9c73-0b3760ba856a)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-15T14:14:30.146055326Z","server_sent_at_ms":1789481670146},"received_at":"2026-09-15T14:14:30.199Z","source_url":null},"analysis":{"id":"133006","press_release_id":"144174","analysis_json":{"industry":{"label":"Energy Equipment & Services","sector":"Energy"},"redFlags":["Underlying complaint alleges materially misleading statements regarding the PREPA power generation contract and risks to PREPA-related revenue (class period Aug 3-17, 2026)"],"eventType":"legal_litigation","narrative":"Schall, Brown & Schwartz LLP issued a shareholder-rights solicitation reminding FTK investors of a class action lawsuit against Flotek Industries alleging violations of §§10(b) and 20(a) of the Securities Exchange Act and Rule 10b-5.\n\nThe complaint alleges Flotek made false and misleading statements about its power generation project with the Puerto Rico Electric Power Authority, citing credible doubts about PREPA's financial capacity and organizational ability to complete the work, and risks to revenue from the PREPA contract.\n\nThe class period runs from August 3, 2026 to August 17, 2026, with a lead plaintiff deadline of October 26, 2026; the class has not yet been certified.\n\nThis release is law-firm marketing rather than an issuer disclosure, so it contains no new company statement and warrants low-signal treatment.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress; PREPA contract allegation is background noise unless the issuer or a court acts."},"keyFigures":{"customDimensions":{"class_period":"August 3, 2026 to August 17, 2026","statutes_cited":["Exchange Act §10(b)","Exchange Act §20(a)","SEC Rule 10b-5"],"class_certified":false,"lead_plaintiff_deadline":"October 26, 2026"}},"quotedText":"CLASS PERIOD: August 3, 2026 to August 17, 2026","namedEntities":{"people":[{"name":"Brian Schall","role":"Founding partner and contact attorney, Schall, Brown & Schwartz LLP"},{"name":"David Schwartz","role":"Founding partner and contact attorney, Schall, Brown & Schwartz LLP"},{"name":"Andrew Brown","role":"Founding partner, Schall, Brown & Schwartz LLP"}],"products":[],"companies":[{"name":"Flotek Industries, Inc.","ticker":"FTK","relationship":"target of securities class action"},{"name":"Schall, Brown & Schwartz LLP","relationship":"plaintiff law firm (release source)"},{"name":"Puerto Rico Electric Power Authority (PREPA)","relationship":"counterparty to Flotek power generation project referenced in complaint"}],"dollarAmounts":[]},"materialImpact":{"score":1,"reasoning":"This is a plaintiff law-firm solicitation issued under Schall, Brown & Schwartz LLP's own name, reminding FTK investors of a lead plaintiff deadline. No class has been certified and no settlement is announced; boilerplate solicitation language ('contact the firm', 'to discuss your rights free of charge', 'Join the case') is present throughout."},"tickerRelevance":{"others":[],"primary":"FTK"},"globalImportance":15,"audienceRelevance":12,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","classCertified":false,"issuerAuthored":false,"settlementAnnounced":false,"underlyingAllegation":"PREPA contract revenue disclosure risk"}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Schall, Brown & Schwartz LLP issued a shareholder-rights solicitation reminding FTK investors of a class action lawsuit against Flotek Industries alleging violations of §§10(b) and 20(a) of the Securities Exchange Act and Rule 10b-5.\n\nThe complaint alleges Flotek made false and misleading statements about its power generation project with the Puerto Rico Electric Power Authority, citing credible doubts about PREPA's financial capacity and organizational ability to complete the work, and risks to revenue from the PREPA contract.\n\nThe class period runs from August 3, 2026 to August 17, 2026, with a lead plaintiff deadline of October 26, 2026; the class has not yet been certified.\n\nThis release is law-firm marketing rather than an issuer disclosure, so it contains no new company statement and warrants low-signal treatment.","key_figures":{"customDimensions":{"class_period":"August 3, 2026 to August 17, 2026","statutes_cited":["Exchange Act §10(b)","Exchange Act §20(a)","SEC Rule 10b-5"],"class_certified":false,"lead_plaintiff_deadline":"October 26, 2026"}},"named_entities":{"people":[{"name":"Brian Schall","role":"Founding partner and contact attorney, Schall, Brown & Schwartz LLP"},{"name":"David Schwartz","role":"Founding partner and contact attorney, Schall, Brown & Schwartz LLP"},{"name":"Andrew Brown","role":"Founding partner, Schall, Brown & Schwartz LLP"}],"products":[],"companies":[{"name":"Flotek Industries, Inc.","ticker":"FTK","relationship":"target of securities class action"},{"name":"Schall, Brown & Schwartz LLP","relationship":"plaintiff law firm (release source)"},{"name":"Puerto Rico Electric Power Authority (PREPA)","relationship":"counterparty to Flotek power generation project referenced in complaint"}],"dollarAmounts":[]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-15T14:14:58.113Z","global_importance":15,"audience_relevance":12,"importance_components":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","classCertified":false,"issuerAuthored":false,"settlementAnnounced":false,"underlyingAllegation":"PREPA contract revenue disclosure risk"}},"durationMs":27909,"modelName":"glm-5.3-flash"}}