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Stock impact report

Robbins Arroyo LLP: FTS International, Inc. (FTSI) Sued for Misleading Shareholders

FTS International, Inc. Class A (FTSI) 
Last fts international, inc. class a earnings: 4/29 06:15 pm Check Earnings Report
US:NYSE Investor Relations: ftsi.com/investor-relations/default.aspx
Company Research Source: Business Wire
SAN DIEGO & FORT WORTH, Texas--(BUSINESS WIRE)-- Shareholder rights law firm Robbins Arroyo LLP announces that purchasers of FTS International, Inc. (NYSE: FTSI) filed a class action complaint against the company for alleged violations of the Securities Act of 1933 pursuant to the company's February 5, 2018 initial public offering ("IPO"). FTS is a provider of hydraulic fracturing services. View this information on the law firm's Shareholder Rights Blog: https://www.robbinsarroyo.com/fts-international/ FTS Accused of Filing False Registration Statements According to the complaint, at the time of the IPO, FTS claimed to be in the midst of an extraordinary market turnaround following a significant decline in oil and natural gas prices from 2014 to 2016. FTS further asserted that demand trends, its pricing power, and revenue growth would continue into 2018. However, FTS failed to disclose that it Show less Read more
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