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FTK Investor Alert: Flotek Industries, Inc. Securities Class Action Notice

Source: globenewswire.com

Legal & LitigationCompany Fundamentals
FTK Investor Alert: Flotek Industries, Inc. Securities Class Action Notice

Flotek shares fell nearly 30% after the unwind of its Puerto Rico agreement, amid allegations of misrepresentations related to a purported $400 million PREPA contract. The development raises material concerns over the company’s contract disclosures, revenue visibility, and credibility with investors.

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