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Compass Diversified Holdings: July 8, 2025 Filing Deadline in Securities Class Action Lawsuit – Contact Wolf Popper LLP
GlobeNewswire News Room· 2025-05-21 14:08
Group 1 - Three class action lawsuits have been filed on behalf of investors who purchased Compass Diversified Holdings common stock between May 1, 2024 and May 7, 2025, with a lead plaintiff deadline of July 8, 2025 [1] - On May 7, 2025, Compass disclosed non-reliance on its financial statements for fiscal 2024 due to an ongoing internal investigation into its subsidiary, Lugano Holding, Inc, which identified irregularities in financing, accounting, and inventory practices [2] - Following the announcement, Compass' stock price dropped by $10.70 per share to $6.55 on May 8, 2025, representing a decline of 62.0% on heavy trading volume [2] Group 2 - The Audit Committee of Compass Diversified Holdings' Board of Directors initiated an investigation after concerns were raised about Lugano's financing practices, leading to the conclusion that the financial statements for 2024 require restatement [2] - The founder and CEO of Lugano resigned from all positions amid the investigation [2]
Compass Diversified: Overreaction To Its Internal Investigation Creates Potential Buying Opportunity
Seeking Alpha· 2025-05-21 04:18
Group 1 - Compass Diversified (NYSE: CODI) is an investment holding company that manages and owns controlling interests in several medium-sized businesses across various industries [1] - The company experienced a significant drop of 62% on May 8 [1] Group 2 - The article does not provide any additional relevant information regarding the company or industry [2][3]
Abraham, Fruchter & Twersky, LLP, Notifies Shareholders of a Class Action Lawsuit on Behalf of Investors who Acquired Shares of Compass Diversified Holdings (NYSE: CODI, CODI-PA, CODI-PB, CODI-PC)
GlobeNewswire News Room· 2025-05-19 21:55
Core Viewpoint - A class action lawsuit has been filed against Compass Diversified Holdings for allegedly making false and misleading statements regarding undisclosed financing arrangements and irregularities in its subsidiary's financial practices [1][2][3] Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Compass common stock between May 1, 2024, and May 7, 2025 [1] - Investors have until July 8, 2025, to seek appointment as lead plaintiff in the case [2][4] - The case is titled Matthews v. Compass Group Diversified Holdings, LLC, No. 25-cv-00981 (C.D. Cal.) [1] Group 2: Allegations - The lawsuit alleges that Compass and its executives made misleading statements due to undisclosed financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable at its subsidiary, Lugano Holding, Inc. [2] - On May 7, 2025, Compass disclosed irregularities in Lugano's financing and accounting practices, leading to a restatement of its 2024 financial statements [3] - Following this announcement, Compass's stock price experienced a decline [3]
Shareholders of Compass Group Diversified Holdings, LLC Should Contact The Gross Law Firm Before July 8, 2025 to Discuss Your Rights - CODI
Prnewswire· 2025-05-19 19:01
NEW YORK, May 19, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Compass Group Diversified Holdings, LLC (NYSE: CODI).Shareholders who purchased shares of CODI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/compass-diversified-loss-submission-form/?id=148838&from=4 CLASS PER ...
Renowned IO Economist Professor B. Douglas Bernheim Affiliates with Compass Lexecon
GlobeNewswire News Room· 2025-05-19 11:30
Core Insights - FTI Consulting, Inc. announced the affiliation of Dr. B. Douglas Bernheim with its subsidiary Compass Lexecon, enhancing the firm's expertise in economics and consulting services [1][4]. Group 1: Dr. Bernheim's Expertise and Contributions - Dr. Bernheim is recognized for his expertise in industrial organization, mergers, behavioral economics, game theory, and financial economics, having served as an expert witness in significant antitrust and economic damages cases [2][4]. - He has authored numerous articles in prestigious academic journals and four books, including the Handbook of Behavioral Economics and a widely used microeconomics textbook [3][4]. Group 2: Impact on Compass Lexecon - The addition of Dr. Bernheim is expected to significantly enhance Compass Lexecon's client offerings, building on the firm's foundation of world-class academics [3]. - His affiliation follows the recent growth of Compass Lexecon, which includes the appointment of Alexander White as Senior Vice President and 20 academic affiliates, strengthening capabilities in various practice areas such as Antitrust & Competition and Healthcare [4]. Group 3: Company Overview - Compass Lexecon is a leading global economic consulting firm that provides critical insights to law firms, corporate clients, and government entities in legal and regulatory matters [5]. - FTI Consulting, Inc. operates globally with over 8,100 employees and generated $3.70 billion in revenues during fiscal year 2024 [6].
Compass Group Diversified Holdings, LLC Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before July 8, 2025 to Discuss Your Rights – CODI
GlobeNewswire News Room· 2025-05-16 17:19
NEW YORK, May 16, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Compass Group Diversified Holdings, LLC ("Compass Diversified" or the "Company") (NYSE: CODI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Compass Diversified investors who were adversely affected by alleged securities fraud between May 1, 2024 and May 7, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com ...
Compass Group Diversified Holdings, LLC Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before July 8, 2025 to Discuss Your Rights - CODI
Prnewswire· 2025-05-16 09:45
NEW YORK, May 16, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Compass Group Diversified Holdings, LLC ("Compass Diversified" or the "Company") (NYSE: CODI) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Compass Diversified investors who were adversely affected by alleged securities fraud between May 1, 2024 and May 7, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra ...
Compass Group Diversified Holdings, LLC Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before July 8, 2025 to Discuss Your Rights – CODI
GlobeNewswire News Room· 2025-05-15 18:02
NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Compass Group Diversified Holdings, LLC (NYSE: CODI). Shareholders who purchased shares of CODI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/compass-diversified-loss-submission-form/?id=148466&from=3 CL ...
Compass Group Diversified Holdings, LLC Class Action: The Gross Law Firm Reminds Compass Diversified Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 8, 2025 - CODI
Prnewswire· 2025-05-15 09:45
NEW YORK, May 15, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Compass Group Diversified Holdings, LLC (NYSE: CODI).Shareholders who purchased shares of CODI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/compass-diversified-loss-submission-form/?id=148444&from=4CLASS PERI ...
COMPASS DIVERSIFIED SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Compass Diversified Holdings - CODI
GlobeNewswire News Room· 2025-05-15 02:58
Core Viewpoint - Compass Diversified Holdings is facing a securities class action lawsuit due to alleged failure to disclose material information during the class period, leading to significant financial restatements and a drastic drop in share price [3][4]. Group 1: Lawsuit Details - Investors have until July 8, 2025, to file lead plaintiff applications in the class action lawsuit against Compass Diversified Holdings for securities purchased between May 1, 2024, and May 7, 2025 [1]. - The lawsuit is pending in the United States District Court for the Central District of California, under the case name Matthews v. Compass Group Diversified Holdings, Inc., et al., No. 25-cv-981 [5]. - The lawsuit alleges that Compass and certain executives failed to disclose material information, violating federal securities laws [3]. Group 2: Financial Impact - On May 7, 2025, Compass Diversified announced that its financial statements for fiscal 2024 would require restatement due to an ongoing internal investigation into its subsidiary, Lugano Holding, Inc. [4]. - Following this announcement, Compass' share price fell approximately 62%, from $17.25 per share on May 7, 2025, to $6.55 per share on May 8, 2025 [4]. Group 3: Company Actions - The Audit Committee of Compass' Board of Directors initiated an investigation after concerns were raised regarding Lugano's financing practices, which preliminarily identified irregularities in financing, accounting, and inventory practices [4]. - Moti Ferder, the founder and CEO of Lugano, resigned from all positions without severance compensation effective May 7, 2025 [4]. Group 4: Investor Resources - ClaimsFiler provides resources for Compass Diversified investors to understand their legal options and file claims related to the class action lawsuit [2][6]. - Investors can register for free on ClaimsFiler.com to access information about various securities class action cases and submit inquiries for case evaluations [6].