From TokenPost · · 50s
Flotek Investors May Lead Puerto Rico Power Contract Lawsuit
Flotek investors could become lead plaintiffs in a lawsuit over Puerto Rico power project termination.
In brief
Flotek investors could become lead plaintiffs in a lawsuit over Puerto Rico power project termination. Flotek investors may seek lead-plaintiff status in a securities case after Puerto Rico's power project terminated without payments. Originally reported by TokenPost.
Flotek investors may seek lead-plaintiff status
Flotek Industries investors may seek lead-plaintiff status in a proposed securities case over a Puerto Rico power project termination.
Class covers investors from Aug 3 to Aug 17, 2026
The class covers people who acquired Flotek securities from August third through August seventeenth, two thousand twenty-six.
Puerto Rico power project terminated
The Puerto Rico Electric Power Authority delivered a termination notice on August eighteenth, effective immediately.
Flotek's revenue at risk
Flotek expected the 10-year agreement to generate about forty million dollars in annual revenue at full deployment.
At a glance
Flotek investors may seek lead-plaintiff status in a securities case after Puerto Rico's power project terminated without payments.
