Berger Montague Files Class Action Against ChampionX Corporation Over Alleged Share Repurchase Misconduct
A class action lawsuit has been filed against ChampionX Corporation (NASDAQ: CHX) by law firm Berger Montague PC, alleging that the company repurchased shares during February 29 to April 1, 2024 while concealing material non-public information about an unsolicited acquisition offer from SLB. The merger was eventually completed at a higher price in July 2025.
Tickers: $SLB
Topics: acquisition lawsuit securities fraud stock repurchase