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atai Life Sciences backed by positive sector readthrough from Compass Phase 3 data, analysts say
Proactiveinvestors NA· 2025-06-23 17:33
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Compass sues Zillow over ‘monopoly tactics' in private home listings
The Guardian· 2025-06-23 17:02
Core Viewpoint - Compass has filed a lawsuit against Zillow, claiming that Zillow's policy to ban private home listings is anticompetitive and violates antitrust laws [1][2]. Group 1: Lawsuit Details - Compass alleges that Zillow's exclusionary policy prevents home sellers from marketing their properties off Zillow for more than one day, leading to a ban on those homes from being listed on Zillow and its allies' platforms [1]. - The lawsuit seeks an injunction to prohibit Zillow from enforcing its "Zillow ban" and similar policies, along with a jury trial and unspecified damages [3]. Group 2: Zillow's Response - A Zillow spokesperson stated that the claims in the lawsuit are unfounded and that the company will vigorously defend against them [3]. - The spokesperson emphasized Zillow's focus on creating a level playing field in the home buying and selling process [4]. Group 3: Market Context - The housing market has become increasingly competitive, with the National Association of Realtors reporting a decline in sales of previously occupied US homes in April due to elevated mortgage rates and rising prices [4]. - Existing home sales fell by 0.5% in April from March, reaching a seasonally adjusted annual rate of 4 million units, marking the slowest sales pace for April since 2009 [5].
Compass Group Diversified Holdings, LLC Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - CODI
Prnewswire· 2025-06-23 13:00
NEW YORK, June 23, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Compass Group Diversified Holdings, LLC (NYSE: CODI). CONTACT US HERE: https://securitiesclasslaw.com/securities/compass-diversified-loss-submission-form/?id=153663&from=4 CLASS PERIOD: May 1, 2024 to May 7, 2025 ALLEGATIONS: According to the complaint, throughout the class period, defendants failed to disclose to investors that Compass lacked effective internal controls over its financial reporting; th ...
INVESTOR ALERT: Compass Diversified Holdings Investors with Substantial Losses Have Opportunity to Lead Shareholder Class Action Lawsuit - CODI
Prnewswire· 2025-06-21 04:30
Core Viewpoint - Compass Diversified Holdings is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, primarily related to misleading financial statements and irregularities in its subsidiary Lugano Holdings' accounting practices [1][3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Augenbaum v. Compass Diversified Holdings, and it includes claims against Compass Diversified Holdings and its executives for making false statements and failing to disclose significant financial irregularities [1][3]. - Investors who purchased Compass Diversified securities between May 1, 2024, and May 7, 2025, have until July 8, 2025, to seek appointment as lead plaintiff in the lawsuit [1][6]. - The lawsuit alleges that Lugano Holdings violated accounting rules, leading to materially misstated financial results for Compass Diversified in fiscal 2024 [3][4]. Group 2: Financial Impact and Company Response - On May 7, 2025, Compass Diversified announced that it would restate its 2024 financial statements due to identified irregularities in Lugano's accounting practices, resulting in a stock price drop of over 62% [4]. - The company intends to delay the filing of its first quarter 2025 Form 10-Q as part of its response to the ongoing internal investigation [4]. Group 3: Legal Representation and Firm Background - The plaintiffs in the class action are represented by Robbins Geller Rudman & Dowd LLP, a law firm known for its experience in prosecuting investor class actions and securing significant monetary relief for investors [5][7]. - Robbins Geller has recovered over $2.5 billion for investors in securities-related class action cases in 2024, highlighting its prominence in the field [7].
Compass: Harnessing Your Technological Potential Before It's Late
Seeking Alpha· 2025-06-19 09:26
Core Insights - Compass (NYSE: COMP) is a real estate brokerage that provides integrated services for customer relationship management, marketing, client service, and transaction support [1] - The company focuses on empowering its agents through agile and personalized technology, which has allowed it to capture significant market share [1] Company Overview - Compass operates in the real estate sector, offering a range of services aimed at enhancing agent performance and client satisfaction [1] - The company's technology-driven approach positions it favorably in a competitive market [1] Market Position - The commitment to technology and agent empowerment has enabled Compass to gain a strong foothold in the real estate market [1]
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of July 8, 2025 in Compass Group Diversified Holdings, LLC Lawsuit - CODI
Prnewswire· 2025-06-17 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Compass Group Diversified Holdings, LLC due to alleged securities fraud affecting investors between May 1, 2024, and May 7, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Compass Diversified failed to disclose effective internal controls over financial reporting and critical information regarding its subsidiary, Lugano Holding, Inc., which had undisclosed financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable [2]. - On May 7, 2025, Compass announced that its financial statements for fiscal 2024 could no longer be relied upon due to an internal investigation into Lugano, leading to a significant drop in stock price from $17.25 to $6.55 per share [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the relevant time frame have until July 8, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the United States [4].
Levi & Korsinsky Notifies Compass Group Diversified Holdings, LLC Investors of a Class Action Lawsuit and Upcoming Deadline – CODI
GlobeNewswire News Room· 2025-06-16 17:26
Core Viewpoint - A class action securities lawsuit has been filed against Compass Group Diversified Holdings, LLC due to alleged securities fraud affecting investors between May 1, 2024, and May 7, 2025 [1][2] Group 1: Lawsuit Details - The lawsuit claims that Compass Diversified failed to disclose effective internal controls over financial reporting and critical information regarding its subsidiary, Lugano Holding, Inc., which had undisclosed financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable [2] - On May 7, 2025, Compass announced that its financial statements for fiscal 2024 could no longer be relied upon due to an internal investigation into Lugano, leading to a significant drop in stock price from $17.25 to $6.55 per share [2] Group 2: Next Steps for Investors - Investors who suffered losses during the relevant time frame have until July 8, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]
The Gross Law Firm Notifies Compass Group Diversified Holdings, LLC Investors of a Class Action Lawsuit and Upcoming Deadline - CODI
Prnewswire· 2025-06-12 09:45
NEW YORK, June 12, 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=152571&from=4CLASS PER ...
Compass Group Diversified Holdings, LLC Class Action: Levi & Korsinsky Reminds Compass Diversified Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 8, 2025 – CODI
GlobeNewswire News Room· 2025-06-10 17:07
NEW YORK, June 10, 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.co ...
ROSEN, LEADING INVESTOR COUNSEL, Encourages Compass Diversified Holdings Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - CODI
GlobeNewswire News Room· 2025-06-09 20:39
NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Compass Diversified Holdings (NYSE: CODI) between May 1, 2024, and May 7, 2025, both dates inclusive (the “Class Period”), of the important July 8, 2025 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased Compass securities you may be entitled to compensation without payment of any out of pocket fees or costs through a ...