Flotek Industries Investigated for Potential Securities Law Violations by Block & Leviton LLP

Nov 09, 2015, 10:32 ET from Block & Leviton LLP

BOSTON, Nov. 9, 2015 /PRNewswire/ -- Shares in Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK), a global developer and distributor of specialty chemicals and down-hole drilling and production equipment, are down over 10% today after Bronte Capital posted an analysis of the Company's February 2, 2015 Investor Day presentation. The Bronte Capital analysis claims to repeatedly illustrate that Flotek used false data when speaking to investors and comparing wells using the Company's products with those that do not.

Block & Leviton LLP is investigating the Company and certain of its officers and directors to learn the facts behind the statements made in, among other places, the Company's February 2, 2015 presentation, and in other references the Company has made to investors regarding the Company's FracMax tool.

If you purchased Flotek stock between February 2, 2015 and November 9, 2015 and have questions about your legal rights, or if you have any information relevant to this investigation, please contact attorney Jake Walker of Block & Leviton LLP at (617)398-5600 or jake@blockesq.com.  Confidentiality for any whistleblowers or other persons with information relevant to this investigation is assured. 

Block & Leviton represents investors for violations of securities laws as well as whistleblowing employees who provide information about their employers' violations of law throughout the country. The firm's lawyers have collectively been prosecuting securities cases for over 70 years, have recovered billions of dollars for investors, and represent some of the nation's largest institutional investors.

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Contact:          BLOCK & LEVITON LLP

Jake Walker Jake@blockesq.com (617) 398-5600



SOURCE Block & Leviton LLP