GlobeNewsWire
04 Jun 2026, 23:25 UTC · 2h ago
CHX Stockholders Have Rights – If You Lost Money Investing in ChampionX Corporation, Inc. Contact Robbins LLP for Information About Recovering Your Losses
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GlobeNewsWire
04 Jun 2026, 23:25 UTC · 2h ago
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A class action lawsuit has been filed alleging ChampionX Corporation (CHX) repurchased shares in violation of securities laws by withholding material nonpublic information regarding acquisition offers from SLB. — Allegations of securities law violations and undisclosed material information typically create legal risk and potential financial liabilities for the company.
-0.40The lawsuit claims that SLB had offered to purchase ChampionX at a significant premium to the trading price during the class period of February 29 to April 1, 2024. — While the legal context is negative, the confirmation of a high-premium acquisition interest from a major player like SLB indicates strong fundamental value for the asset.
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The company is facing a class action lawsuit alleging securities law violations regarding share repurchases.
The company is under investigation for potential securities fraud causing investor losses.
The company is under investigation for potential securities fraud causing investor losses.
Mentioned as the party making an offer to purchase ChampionX, but not negatively impacted by the litigation.
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