Thieler Law Corp advises investors with losses exceeding $100,000 of the November 15, 2019 lead plaintiff deadline in a class action lawsuit filed against ProPetro Holding Corp. (NYSE: PUMP) (“ProPetro” or “the Company”). The suit is pending in the U.S. District Court for the Western District of Texas and investors, who purchased ProPetro Holding Corp securities between March 17, 2017 and August 8, 2019, have until November 15, 2019 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased ProPetro Holding Corp securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that the Company’s executive officers were improperly reimbursed for certain expenses; the Company had engaged in certain undisclosed transactions with related parties; the Company lacked adequate disclosure controls and procedures; the Company lacked effective internal control over financial reporting; and as a result, ProPetrol’s public statements were materially false and misleading at all relevant times.

On August 8, 2019, the Company issued a press release disclosing delays both in its scheduled conference call and in the filing of its 10-Q, citing an ongoing internal review which includes, among other things, expense reimbursements, potential conflicts of interest, and related party transactions.

Following this news, the Company’s share price fell $4.59 per share, or over 26%, to close at $12.75 per share on August 9, 2019, thereby injuring investors.

If you were negatively impacted by your investment in ProPetro Holding Corp securities between March 17, 2017 and August 8, 2019 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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