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Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against ChampionX Corporation and Encourages Investors to Contact the Firm
GlobeNewswire Inc.·
A class action lawsuit has been filed against ChampionX Corporation for allegedly failing to disclose material information about acquisition offers from Schlumberger Limited during February 29 - April 1, 2024. The company allegedly repurchased its own stock at artificially depressed prices while withholding knowledge of Schlumberger's offers ($36.70-$37.80 per share), which eventually resulted in a merger at $40.58 per share in July 2025.
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