ChampionX Corporation Investors Urged to Join Class Action Before July 14 Deadline
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages ChampionX Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - CHX
BenzingaImage: Benzinga
Rosen Law Firm is reminding investors who sold ChampionX Corporation (NASDAQ:CHX) stock between February 29 and April 1, 2024, of a July 14, 2026, deadline to join a class action lawsuit. Investors may be eligible for compensation without upfront costs.
- 01The class action lawsuit involves ChampionX Corporation's alleged failure to disclose material information regarding acquisition offers from Schlumberger Limited.
- 02ChampionX's stock was repurchased at lower prices while higher acquisition offers were pending, impacting investor losses.
- 03The average stock price during the class period was $33.32, while Schlumberger's final acquisition price was $40.58 per share.
- 04Investors can join the class action without upfront fees through a contingency fee arrangement.
- 05Rosen Law Firm has a strong track record in securities class actions, having secured over $438 million for investors in 2019 alone.
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Rosen Law Firm, a prominent global investor rights law firm, is advising investors who sold common stock of ChampionX Corporation (NASDAQ:CHX) between February 29, 2024, and April 1, 2024, to join a class action lawsuit before the July 14, 2026, deadline. The lawsuit alleges that ChampionX failed to disclose significant acquisition offers from Schlumberger Limited, which led to a deflated stock price. During the class period, ChampionX's average stock price was $33.32 per share, while Schlumberger's final acquisition price reached $40.58 per share. Investors may be eligible for compensation without any out-of-pocket costs through a contingency fee arrangement. Rosen Law Firm emphasizes the importance of selecting experienced legal counsel, highlighting its own success in securities class actions, including recovering substantial amounts for investors. Interested parties can join the class action by visiting the Rosen Law Firm's website or contacting their office directly for more information.
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