NEW YORK, May 22, 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=149541&from=4CLASS PERI ...

NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a shareholder and consumer rights litigation firm, is investigating whether Compass Diversified Holdings (“Compass” or the “Company”) (NYSE: CODI) or certain of its officers and directors issued misleading and false statements and/or failed to disclose information material to investors in violation of federal securities laws. CLICK HERE TO RECEIVE ADDITIONAL INFORMATION ABOUT THIS POTENTIAL CLASS ACTION Compass owns ...

Core Viewpoint - A securities class action lawsuit has been filed against Compass Diversified Holdings for failing to disclose significant accounting irregularities related to its acquisition of Lugano Holdings, leading to a substantial drop in stock price [1][3][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of purchasers of Compass securities from May 1, 2024, to May 7, 2025, inclusive [1]. - Investors have until July 8, 2025, to seek appointment as lead plaintiff [2]. - The lawsuit alleges that Compass did not disclose violations of accounting rules by Lugano and that financial results were distorted due to these irregularities [3]. Group 2: Financial Impact - On May 7, 2025, Compass announced the need to restate its 2024 financial statements due to identified irregularities, causing its stock price to fall by $10.70, a decline of over 62%, closing at $6.55 on May 8, 2025 [4]. Group 3: Company Background - Compass Diversified Holdings is a private equity firm based in Westport, Connecticut, which acquired a majority interest in Lugano Holdings in 2021 for an enterprise value of $256 million [2].

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]

Core Points - A class action lawsuit has been filed against Compass Group Diversified Holdings, LLC (NYSE: CODI) for investors who purchased stock between May 1, 2024, and May 7, 2025 [1] - An investigation into Lugano Holdings, a subsidiary of Compass, revealed irregularities in accounting and inventory practices, leading to the conclusion that previously issued financial statements for 2024 should not be relied upon [2] - Following the announcement of the investigation, Compass's share price dropped by 62%, from $17.25 to $6.55 per share [3] Company Specifics - The resignation of Lugano's founder and CEO, Moti Ferder, was announced, effective immediately, with no severance compensation [3] - The lawsuit alleges that Compass failed to maintain adequate internal controls over its financial statements, making them unreliable and misleading [3] Legal and Investor Actions - Investors who purchased Compass stock during the class period and incurred losses are encouraged to contact the law firm for potential participation in the class action lawsuit [4] - The deadline for investors to submit a motion to be appointed as lead plaintiff is July 8, 2025 [5] Law Firm Background - Barrack, Rodos & Bacine has extensive experience in prosecuting securities law class actions, achieving significant recoveries in past cases [6]

Investors have until July 8, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Compass securities. The case is pending in the U.S. District Court for the Central District of California and is captioned Matthews v. Compass Group Diversified Holdings, Inc., et al., No. 25-cv-981. NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & A ...

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]

SAN DIEGO, May 20, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Compass Diversified Holdings (NYSE: CODI) publicly traded securities between May 1, 2024 and May 7, 2025, both dates inclusive (the “Class Period”), have until July 8, 2025 to seek appointment as lead plaintiff of the Compass Diversified class action lawsuit. Captioned Augenbaum v. Compass Diversified Holdings, No. 25-cv-01003 (C.D. Cal.), the Compass Diversified class actio ...

BENSALEM, Pa., May 20, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Compass Group Diversified Holdings ("Compass" or the "Company") (NYSE: CODI).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN COMPASS GROUP DIVERSIFIED HOLDINGS (CODI), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE JULY 8, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT ...

Core Viewpoint - A securities class action lawsuit has been filed against Compass Diversified Holdings for failing to disclose significant accounting irregularities related to its acquisition of Lugano Holdings, impacting the financial reporting during the Class Period from May 1, 2024, to May 7, 2025 [1][3]. Company Overview - Compass Diversified Holdings is a private equity firm headquartered in Westport, Connecticut, which acquired a majority interest in Lugano Holdings, Inc., a high-end jewelry designer, in 2021 for an enterprise value of $256 million [2]. Legal Allegations - The lawsuit alleges that Compass did not disclose that: - Lugano violated applicable accounting rules and industry practices during fiscal 2024 [3]. - Lugano's 2024 financial results were artificially distorted due to these accounting irregularities [3]. - Compass failed to implement effective internal controls over its financial reporting [3]. Investor Information - Investors who purchased Compass securities during the Class Period have until July 8, 2025, to seek appointment as a lead plaintiff representative of the class [2].