Snapshot from Jun 25, 2026 at 22:38 UTC. For live data and tracking: View Live
Events / Regulatory / ChampionX Securities Fraud Lawsuit Filed
Regulatory securities fraud lawsuit

ChampionX Securities Fraud Lawsuit Filed

Analysis based on 6 articles · First reported Jun 09, 2026 · Last updated Jun 12, 2026

Sentiment
-50
Attention
4
Articles
6
Market Impact
Direct
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Market Impact

The lawsuit against ChampionX could lead to significant financial penalties for the company, potentially impacting its stock price and investor confidence. For investors who sold ChampionX stock during the Class Period, a successful class action could result in compensation, affecting their investment returns.

Legal Services Oil & Gas
Event Summary

Rosen Law Firm has filed a securities fraud class action lawsuit against ChampionX Corporation on behalf of investors who sold ChampionX common stock between February 29, 2024, and April 1, 2024. The lawsuit alleges that ChampionX failed to disclose material information, specifically that it had received non-public acquisition offers from SLB, while simultaneously repurchasing its own stock at artificially deflated market prices. SLB initially offered $36.70 per share on February 29, 2024, and later increased it to $37.80 per share on March 7, 2024. ChampionX eventually disclosed the merger on April 2, 2024, and the acquisition by SLB closed on July 16, 2025, at $40.58 per share. The lawsuit seeks compensation for investors who sold their shares at an average price of $33.32 per share during the Class Period.

Key Actions
100 Rosen Law Firm announced class action lawsuit ChampionX
90 ChampionX repurchased common stock
80 SLB made unsolicited offer ChampionX
75 ChampionX disclosed merger SLB
Entities Involved
stock
ChampionX
ChampionX is the defendant in a securities fraud class action lawsuit for allegedly repurchasing its stock at deflated prices while aware of a non-public acquisition offer from SLB.
Importance 100 Sentiment -70
priv
Rosen Law Firm
Rosen Law Firm is representing the sellers of ChampionX common stock in a class action lawsuit against ChampionX.
Importance 80 Sentiment 50
stock
SLB
SLB made an unsolicited non-public offer to acquire ChampionX, which is central to the securities fraud allegations against ChampionX.
Importance 70 Sentiment 0
per
Philip Kim
Philip Kim, an attorney at Rosen Law Firm, is a contact person for investors interested in joining the ChampionX class action.
Importance 40 Sentiment 0
per
Lawrence Rosen
Lawrence Rosen, a founding partner of Rosen Law Firm, is involved in the firm's representation of investors in securities class actions.
Importance 40 Sentiment 0
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