Newsfile Corp
30 Sept 2026, 02:23 UTC · 1h ago
Verdict
Headline leans bearish. We score FTK −1.00 across two claims.
Score confirms the headline.
Leans bearish
From its wording — no explicit rating
−1.00strongly bearish
What the story claims
2 claims · scored −1 bearish … +1 bullish · 1 new · 1 priced in
Flotek Industries faces a securities class action alleging it misled investors about the financial capacity of consortium parties for the Puerto Rico Electric Power Authority (PREPA) project.
Priced inpress release states lawsuit has already been filed
So whatPotential failure to realize PREPA contract revenue could lead to downward revisions of future top-line growth estimates.
More negative than 85% of claims this week
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More negative than 95% of ticker scores this week
Scored by the NIS engine · methodology.
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The deadline for investors to move the Court to serve as lead plaintiff in the Flotek class action is October 26, 2026.
Newpress release dated September 29, 2026
So whatThe lead plaintiff appointment process concludes within 4 weeks, determining the primary representative for the litigation.
More negative than 62% of claims this week
Which stocks this story touches
More negative than 95% of ticker scores this week
The company is facing a securities class action lawsuit alleging materially false and misleading statements regarding its business operations.
More negative than 95% of ticker scores this week
The company is mentioned as being subject to a securities class action lawsuit.
More negative than 95% of ticker scores this week
The company is mentioned as being subject to a securities class action lawsuit.
More negative than 95% of ticker scores this week
The company is mentioned as being subject to a securities class action lawsuit.
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Newsfile Corp
1h ago
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FTK hasn't traded since this ran. Last close $28.50 (Sep 29); the reaction starts at the next open.
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