NEW YORK, Nov. 9, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims of on behalf of investors of Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK). Flotek develops and supplies oilfield products, services, and equipment to the oil, gas, and mining industries in the United States and internationally.
On November 9, 2015, Bronte Capital published an analysis of Flotek's February 2, 2015 Investor Day presentation. According to Bronte Capital's report, Flotek used false data when speaking to investors at the February 2, 2015 presentation by comparing wells using the Company's products with those that do not.
On this news, the Company's stock has fallen as much as $3.12, or nearly 17.39%, during intra-day trading.
Our investigation seeks to determine whether certain statements made by the Company and/or its officers or directors regarding Flotek's business and prospects were false and misleading when made.
If you own Flotek shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Tanya Korkhov, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP