ChampionX Corporation press release
CHX Lead Plaintiff Deadline Approaching: Robbins LLP Urges Stockholders to Contact the Firm for Information in Advance of the July 14, 2026 Deadline
NASDAQ - Nasdaq Stock Market · Oil · Natural Gas · Diamond · United States · Legal Matters
SAN DIEGO, July 08, 2026 (GLOBE NEWSWIRE) -- Robbins LLPreminds investors that a class action was filed on behalf of all sellers of ChampionX Corporation (NASDAQ: CHX) common stock between February 29, 2024 and April 1, 2024. ChampionX is a global provider of chemistry solutions, artificial lift systems, and highly engineered equipment and technologies for the drilling and production of oil and gas.
For more information, submit a form, emailattorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
What are the allegations?
Shareholders allege that ChampionX Corporation repurchased shares of its stock in violation of securities laws. According to the complaint, during the class period, defendants repurchased 216,000 shares of ChampionX stock – worth millions of dollars – from unsuspecting investors without disclosing material nonpublic information about Schlumberger Limited’s (SLB) offers to purchase ChampionX at a premium to then-current prices. If this information had been disclosed as required, it would have indicated to investors that ChampionX’s stock was worth significantly more than its trading price.
Plaintiff alleges that when investors learned the truth that SLB was willing to buy all the Company's outstanding stock for a significant premium above the trading price, ChampionX's stock price climbed sharply, harming investors who sold during the class period.
What can shareholders do now?You may be eligible to participate in the class action against ChampionX Corporation. Shareholders who wish to serve as lead plaintiff for the class must submit their papers with the court by July 14, 2026. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, clickhere.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff ofRobbins LLPhave been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.
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| Contact: Aaron Dumas, Jr. Robbins LLP 5060 Shoreham Pl., Ste. 300 San Diego, CA 92122 adumas@robbinsllp.com (800) 350-6003 www.robbinsllp.com | https://www.facebook.com/RobbinsLLP/ https://www.linkedin.com/company/robbins-llp/ |
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Earlier from ChampionX Corporation
- Bronstein, Gewirtz & Grossman LLC Urges ChampionX Corporation Investors to Act: Class Action Filed Alleging Investor Harm
- CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises ChampionX Corporation (CHX) Investors to Inquire About a Securities Fraud Class Action by July 14, 2026
- CHX INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that ChampionX Corporation Shareholders Have Opportunity to Lead Class Action Lawsuit!
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