GlobeNewsWire
18 May 2026, 17:48 UTC · 3d ago
Source · https://www.globenewswire.com/news-release/2026/05/18/3296952/0/en/CHAMPIONX-CORPORATION-CHX-INVESTOR-ALERT-Investors-Who-Sold-ChampionX-Shares-Encouraged-to-Contact-Bernstein-Liebhard-LLP.html
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A securities class action lawsuit has been filed against ChampionX Corporation alleging the company repurchased shares without disclosing material nonpublic information regarding acquisition offers from Schlumberger Limited. — Legal challenges regarding transparency and potential insider information mismanagement create reputational risk and potential financial liabilities.
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The company is the subject of a securities class action lawsuit alleging failure to disclose material nonpublic information.
The article references an active shareholder lawsuit against the company.
The article references an active shareholder lawsuit against the company.
Mentioned as the party making offers to purchase ChampionX, which is a neutral operational detail in this context.
