ChampionX Shareholders Class Action Notice
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 38 minutes ago
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Source: Globenewswire
- Class Action Notice: Rosen Law Firm reminds shareholders who sold ChampionX stock between February 29 and April 1, 2024, to apply as lead plaintiffs by July 14, 2026, to potentially receive compensation without any out-of-pocket costs.
- Disclosure of Acquisition Offers: The lawsuit alleges that ChampionX failed to disclose material information regarding unsolicited acquisition offers from Schlumberger, which were $36.70 per share on February 29 and raised to $37.80 on March 7, while repurchasing its stock at lower market prices during this period.
- Stock Price Context: During the class period, ChampionX's average stock price was $33.32 per share, and the merger announcement on April 2, 2024, led to a final acquisition price of $40.58 per share by Schlumberger on July 16, 2025, indicating potential losses for shareholders.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has recovered over $438 million for investors in 2019 alone, being ranked first in 2017 for the number of securities class action settlements, highlighting its expertise and success in this legal domain.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
