ChampionX Stock Class Action Notice Issued
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 01 2026
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Source: PRnewswire
- Class Action Notice: Rosen Law Firm reminds sellers of ChampionX common 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.
- Lawsuit Background: The lawsuit alleges that ChampionX failed to disclose material information during acquisition offers, which artificially deflated its stock price; Schlumberger made offers of $36.70 and $37.80 per share on February 29 and March 7, 2024, while ChampionX repurchased shares at lower market prices.
- Stock Price Impact: During the class period, ChampionX's average stock price was $33.32, while the final acquisition price was $40.58, indicating potential investor losses due to undisclosed information, which could affect future shareholder confidence in the company.
- Law Firm's Strength: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, recovering billions for investors, showcasing its extensive experience and success in handling such cases.
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.
