CHX Shareholder Alert: Wolf Popper LLP Files Securities Class Action Lawsuit Against ChampionX Corporation

Wolf Popper LLP has filed a securities class action lawsuit against ChampionX Corporation on behalf of shareholders who sold stock between February 29, 2024 and April 1, 2024. The lawsuit alleges that ChampionX failed to disclose material information about acquisition offers from Schlumberger ($36.70 and $37.80 per share) while simultaneously repurchasing its own stock at lower market prices ($33.32 average), artificially deflating the stock price. The merger eventually closed at $40.58 per share on July 16, 2025.