Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Lawsuit filed against ChampionX for not disclosing Schlumberger's acquisition offer while buying back shares.

Market News
15 May 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Wolf Popper LLP has filed a securities class action lawsuit against ChampionX Corporation for failing to disclose a non-public acquisition offer from Schlumberger while repurchasing its own shares at lower market prices. The lawsuit covers sales of ChampionX stock between February 29 and April 1, 2024, when Schlumberger made offers of $36.70 and then $37.80 per share, while ChampionX's stock traded around $33.32. The merger was publicly announced on April 2, 2024, and completed in July 2025 at $40.58 per share. Investors who sold shares during the class period may seek lead plaintiff status to represent the class in the lawsuit.

More News

Elizabeth Warren criticizes Trump's Nvidia stock trades amid China AI chip deals as a national security risk.

Elizabeth Warren criticizes Trump's Nvidia stock trades amid China AI chip deals as a national security risk.

Senator Elizabeth Warren condemned President Donald Trump for making millions in Nvidia stock trades during key AI chip policy developments involving China. Trump's financial disclosures revealed over 3,700 transactions worth hundreds of millions in ...

Market News
Bearish
47 minutes ago
Constellation Software elects all nine director nominees at 2026 AGM, with founder Mark Leonard stepping down.

Constellation Software elects all nine director nominees at 2026 AGM, with founder Mark Leonard stepping down.

Constellation Software Inc. held its annual general meeting on May 15, 2026, where all nine director nominees were successfully elected by shareholders. Mark Leonard, the company's founder and former president, did not seek re-election but will remai...

Company Fundamentals
Neutral
3 hours ago
Peyto excels with higher sales prices and strong hedging, outperforming Canadian oil producers.

Peyto excels with higher sales prices and strong hedging, outperforming Canadian oil producers.

Peyto consistently outperforms its Canadian oil producer peers by achieving higher sales prices through effective market diversification and a profitable long-term hedging strategy. Its unique ability to generate sustained hedging profits and maintai...

Analyst Insights
Bullish
4 hours ago
Chord Energy remains undervalued despite 40% share rise, offering strong cash flow at $70 WTI oil prices.

Chord Energy remains undervalued despite 40% share rise, offering strong cash flow at $70 WTI oil prices.

Chord Energy's stock price has risen 40% but still appears undervalued at normalized $70 WTI crude oil prices. The company consistently delivers over 20% free cash flow yields, supported by improved crude oil supply-demand dynamics and efficient oper...

Analyst Insights
Bullish
4 hours ago
Chiron Real Estate shifts from medical office REIT to senior housing, raising risk and cutting dividends.

Chiron Real Estate shifts from medical office REIT to senior housing, raising risk and cutting dividends.

Chiron Real Estate has changed its business focus from a stable net lease medical office REIT to operating senior housing, which introduces more volatility and risk. The company funded a $425 million senior housing acquisition through new Series C co...

Analyst Insights
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App