GlobeNewsWire
26 May 2026, 20:44 UTC · 3h ago
Source · https://www.globenewswire.com/news-release/2026/05/26/3301497/1087/en/INVESTOR-ALERT-Pomerantz-Law-Firm-Reminds-Investors-with-Losses-on-their-Investment-in-ChampionX-Corporation-of-Class-Action-Lawsuit-and-Upcoming-Deadlines-CHX.html
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A class action lawsuit has been filed against ChampionX Corporation alleging securities fraud and unlawful business practices. — Legal action alleging fraud creates regulatory risk and potential financial liabilities for the company.
-0.40The lawsuit alleges ChampionX repurchased its own stock at market prices while secretly holding higher acquisition offers from Schlumberger. — Claims of failing to disclose material acquisition offers while conducting buybacks suggest a breach of fiduciary duty and transparency.
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The company is the target of a class action lawsuit alleging securities fraud and unlawful business practices.
The company is the subject of an investigation into claims on behalf of investors.
The company is the subject of an investigation into claims on behalf of investors.
Mentioned as the acquirer in a transaction linked to a securities fraud lawsuit against the target company.
