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ALASKA ELECTRICAL PENSION FUND v. FLOTEK INDUS.

No. 17-20308.

915 F.3d 975 (2019)

ALASKA ELECTRICAL PENSION FUND, Lead Plaintiff, Plaintiff-Appellant v. FLOTEK INDUSTRIES, INCORPORATED; John W. Chisholm; H. Richard Walton; Robert M. Schmitz, Defendants-Appellees

United States Court of Appeals, Fifth Circuit.

FILED February 7, 2019.

Attorney(s) appearing for the Case

Steven Francis Hubachek , Esq., Counsel, Laurie L. Largent , Robbins Geller Rudman & Dowd, L.L.P., San Diego, CA, for Plaintiff-Appellant.

Gerard Pecht , Norton Rose Fulbright US, L.L.P., Houston, TX, Peter Andrew Stokes , Norton Rose Fulbright US, L.L.P., Austin, TX, for Defendant-Appellee.

Before DENNIS, CLEMENT, and ENGELHARDT, Circuit Judges.

This appeal arises out of a putative class action filed on behalf of purchasers of Flotek Industries, Inc. common stock. Plaintiffs allege that defendants, Flotek and three of its officers, exaggerated the usefulness of its products. They allege misrepresentations relating to a proprietary software Flotek developed...

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