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Ryan & Maniskas, LLP Announces Class Action Lawsuit Against Flotek Industries Inc.
2015-11-14 20:42:45| Chemicals - Topix.net
If you purchased shares of Flotek and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact According to the lawsuit, throughout the Class Period defendants issued materially false and misleading statements to investors and/or failed to disclose that: Flotek Industries' proprietary software application-FracMax-had data and process errors; the reported production data from FracMax for three of the wells in the Company's New York City Investor Presentation on were inaccurate; an application from the Company claiming to be FracMax available in the Apple iTunes Store does not work; and as a result of the foregoing, the Company's public statements were materially false and misleading at all relevant times.
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Category:Chemicals