Snapshot from Jun 11, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Business / ChampionX securities fraud lawsuit filed
Business securities lawsuit

ChampionX securities fraud lawsuit filed

Analysis based on 13 articles · First reported May 21, 2026 · Last updated Jun 10, 2026

Sentiment
-20
Attention
2
Articles
13
Market Impact
Direct
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The market is impacted by the potential financial liabilities for ChampionX due to the securities fraud class action lawsuit, which could affect its stock price. Investors who sold ChampionX shares during the specified period may see a recovery if the lawsuit is successful.

Legal Services Oil & Gas Equipment & Services
Event Summary

Bernstein Liebhard LLP has commenced a securities fraud class action lawsuit against ChampionX Corporation. The lawsuit alleges that ChampionX repurchased millions of dollars' worth of its shares between February 29, 2024, and April 1, 2024, without disclosing material nonpublic information. This undisclosed information pertains to offers from SLB to acquire ChampionX at a premium, which, if known, would have indicated a significantly higher value for ChampionX's stock. Investors who sold ChampionX shares during this period and incurred losses are encouraged to join the lawsuit, with a lead plaintiff deadline of July 14, 2026. Bernstein Liebhard LLP is representing the class on a contingency fee basis.

Key Actions
100 Bernstein Liebhard LLP commenced lawsuit ChampionX
90 Pomerantz LLP filed class action lawsuit ChampionX
89 ChampionX repurchased common stock
76 SLB made unsolicited offer ChampionX
66 ChampionX disclosed merger SLB
Entities Involved
stock
ChampionX
ChampionX is the defendant in a securities fraud class action lawsuit, accused of repurchasing shares without disclosing material nonpublic information about acquisition offers from SLB.
Importance 100 Sentiment -40
priv
Bernstein Liebhard LLP
Bernstein Liebhard LLP is the law firm that commenced the securities fraud class action lawsuit against ChampionX Corporation, representing investors who allegedly lost money.
Importance 80 Sentiment 20
priv
Pomerantz LLP
Pomerantz LLP is the law firm that filed the class action lawsuit against ChampionX Corporation, representing investors who allegedly suffered losses due to undisclosed information.
Importance 80 Sentiment 50
stock
SLB
SLB made offers to purchase ChampionX at a premium, which ChampionX allegedly failed to disclose to investors.
Importance 60 Sentiment 0
per
Peter Allocco
Peter Allocco is the Investor Relations Manager at Bernstein Liebhard LLP, serving as a contact for investors interested in joining the lawsuit.
Importance 20 Sentiment 0
per
Danielle Peyton
Danielle Peyton is the contact person at Pomerantz LLP for investors interested in joining the class action lawsuit.
Importance 20 Sentiment 0
NEWSDESK
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